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

To: Dave H who wrote (10921)	1/20/1998 3:13:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79260

Dave, If you know what's good for you, you'll stay off the ABTX thread. They're lynching shorts there ya know. >>gg<< Alot of frazzled nerves on both sides. Doug R

To: Dave H who wrote (10921)	1/20/1998 3:51:00 PM
From: ivan solotaroff	Read Replies (2) \| Respond to of 79260

AN ABTX WARNING FROM MR. DOOM AND GLOOM Dave, Writing from deep in the doldrums (I've fallen in love with shorting, which means I'm on the sidelines now), I'd feel remiss if I didn't point out that ABTX has spent half of its runup from Dec. ABOVE the IL. I'd be equally remiss if I didn't point out that I want deeply to be short ABTX. ((Not near as much as I want to be short DANKY.) First sight of this turf-muncher falling off its high-wire act on the IL and I'm ... I guess you cinquante-sixers would say "pulling ze truck forward"? The concern I have is: If this is a HTF, look at the flagpole. When it's as steep as ABTX's, wouldn't the IL, almost by definition, be routinely violated? I bring it up, simply, because a HTF is hardly the pattern one wants to go out shorting on a regular basis. Ivan PS: I was right about OXHP's retracement being faux. Not pointing it out to brag--because I'd never play it this early into studying the chart pattern--just trying to advance the PGDCEB post-signal theory.