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

To: Peter van Steennis who wrote (10806)	1/17/1998 8:22:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79270

Peter, Sorry if you misunderstood. My post is concerning the Dow. Back in the middle of October I posted that a TA of the Dow showed that after a dip under 7,000, strength would not return until the end of January. Maybe we'll get verification of the technical bottom soon. I'll check the really long term stuff shortly. Ok, I'm back and it looks like the 200dMA is about to become resistance rather than support which means a downtrend is about to be established. Hmmmm. Time to invert the 56 point TA. Doug R