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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 (10560)	1/14/1998 9:31:00 PM
From: Ocote	Respond to of 79273

Doug-- Would appreciate your comment on the activity in SALD today. Is this akin to your exhaustion types? iqc.com Ocote

To: Doug R who wrote (10560)	1/15/1998 7:38:00 AM
From: ivan solotaroff	Respond to of 79273

RADAF Doug, Right you are. As I remember, I think we looked at that chart just before lunch, ergo no remember. (It must have stuck a little, or I probably would never have thought to look back so far for an IL/ACT.) That is one awesome channel to surf there, dude, and it seems to offer some pretty righteous awdds: Unviolated for nine months, let's see, that's 9 x 22 (average trading days/month) = oh, call it a 200:1 shot you won't lose money today. I'm in at the first sign of up. (Unless the market's bad, and then I'm short ABTX with the first sign of down.) (Or maybe I'll just be smart and wait for the next catcorpse to come bobbing up.) Ivan

To: Doug R who wrote (10560)	1/15/1998 9:07:00 AM
From: ivan solotaroff	Read Replies (2) \| Respond to of 79273

BJCT, OLGC Doug, Long IL/ACTs lost me yet another morning of work on my book. Net results are meager: two stocks on short- to immediate-term monitoring: OLGC, mentioned before, has two more resistance lines to clear, then it's clear sailing. I see now why you previously advised that it was more attractive below 5 (it never got there, but I understand why you saw the risk as unnecessarily high at that point). BJCT, also discussed before, has an amazingly clear and staunch line of resistance dating back to mid-'94, most recently reinforced at 1 13/16 on 10/24-27 by the Wicked Wolf of October. I can't find its exact coordinate today because my charting is limited by what I can get on the Net. Looks like 1/2 to 9/16. Ivan

To: Doug R who wrote (10560)	1/15/1998 9:16:00 AM
From: Dave H	Respond to of 79273

Doug, Where do you see ACRT falling to? I meant to try and draw up the IL/ACT but forgot last night! (too busy playing with sequentials! on that note btw, GTAX is still on the sequential sell watch, though it has the possibility of being recycled due to a sell setup 12/17 - 12/30. There are various factors on deciding on whether or not to ignore it which I will tackle once GTAX gets closer to day 13 (right now it's on day 7.) Also, AMZN is on day 8.) Do you know if ACRT has any asian exposure? -dave