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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (9983)	1/3/1998 10:13:00 PM
From: Doug R	Respond to of 79180

Well Doug, Since this seems like a nice calm discussion of APM so far, I thought I'd at least say that the only downtrend in force right now is the main downtrend from the alltime high. That line gets down to 20 during the last week of Jan and will probably stop any further advance. Since APM has nearly a month to work its way up to 20, I'd say it's likely that it will get there. I'd suggest a decent stoploss and trail it up though. Doug R

To: Doug R who wrote (9983)	1/3/1998 10:29:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79180

I wonder what Dave H would have to say about APM. It appears to be on day 7 of a sequential countdown. Maybe waiting for day 13 would be the safest way to go but it's possible that day 13 could be established at a higher price than the current. Doug R