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

To: ivan solotaroff who wrote (10379)	1/10/1998 4:59:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79260

Ivan, Ok, here's what I am looking at on SGI. Signal on 11/24. High on the signal day = 13 1/8. Low on the bottom closing day = 13 1/16. The closing ask on the bottom closing day is no lower than the high ask on 11/24. The next day was a bit lower still but closed higher. Now, we can start from here and see what we see on other mewlers or just stick with the stoploss at one or two ticks below the signal day low for the first 3 days and go to volume exit after that. Whatcha think?? Doug R