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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 (10081)	1/5/1998 3:25:00 PM
From: Doug R	Read Replies (6) \| Respond to of 79182

There goes CADE! Doug R wow, deja vu.

To: Doug R who wrote (10081)	1/6/1998 8:09:00 AM
From: ivan solotaroff	Respond to of 79182

ABTX Doug, "From this point I'd start watching for mouse ears or an ask under 18." Did you arrive at 18 because of the opening gap, plus the five-minute opening spike up to that point? In any case, it seems valid to me, as the stock did some work in the low 18s (after a while, those thick five minute bars begin to seem like a piece of dirty floor that's been thoroughly scrubbed). One Q, though: After SGI regained its footing yesterday, the mouse-ears began to look less like they had originally. I've looked at RSI lines before but never very closely. Do they change retroactively? And if they do, shouldn't I be allowed to be back in SGI at my original price? No? Well, I'll be ... Ivan PS: Yes, there were cash restraints on the double-gap day (was already on full margin to buy SGI). Oxford is just such a badly managed company, I couldn't bring myself to actually purchase it. As it is, I pay them $625 a month for their parsimonious coverage of my family. B-b-b-bastuds. They have NO right to soar like this.

To: Doug R who wrote (10081)	1/6/1998 3:38:00 PM
From: ivan solotaroff	Respond to of 79182

BLDPF Doug, Guy at work suggested this one. They make engines you stuff trees and old crap into so you don't have to burn petrochemicals or something like that. He writes about NASCAR for ESPN so he knows something about combustibles. Says Detroit's put $1b into these guys (probably to shut them up, I told him. Anyway, blah, blah, who cares? Point is, the chart looks to me like one HTF on top of another: Basically 20 to 40, then 40 to 80. Very, very clean. Ivan