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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 (10424)	1/11/1998 11:00:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79270

ALTS signal: 5 minute chart for Friday points to the ALTS signal as suspect. We shall see. Doug R

To: Doug R who wrote (10424)	1/12/1998 9:44:00 AM
From: ivan solotaroff	Read Replies (1) \| Respond to of 79270

Doug: Awesome. Ivan

To: Doug R who wrote (10424)	1/12/1998 10:51:00 AM
From: Esteban	Respond to of 79270

Great PGDCEB list Doug! QUAL-signalled on 12/30..all trendlines intact..acceleration initiated on 1/9. Whoah Doug, are you now completely disregarding any trend begun during the first 3 post signal days? So now you've changed the beginning point of any post signal trendline to the fourth day after the signal? BMC-last signal NONE..postgap low to date 15 13/16..current price 16 1/2..possible signal imminent! Look at 12/17. Looks like a signal to me. ALTS did not signal on 1/9. Bid never moved off 2 1/2. Please note that those QPGDCEBs as Ivan calls them all gapped at least 20% and all closed with a 30% or greater decline for the one day. Certainly the spirit of the beast is intact. Personally, I don't see the reasoning for excluding these or even sub categorizing them unless your original research was philosophically based on the 30% gap figure. That is you feel there is something magical about an open 30% below the close as opposed to an open 20% below the close when both close at the same level 30% or more lower for the day. Esteban