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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 (11022)1/21/1998 8:35:00 PM
From: milesofstyles  Read Replies (1) | Respond to of 79628
 
doug have you done any studies that indicate that once the act line is broken , the stock will retest the moving average? and that a short could exist from the act to the moving avg, also if moving avg was tested while this short was initiated that a stop could be placed a couple of ticks above to get out if there is strength, while assuming that if that ma is broken , the situation could become extremely profitable?



To: Doug R who wrote (11022)1/22/1998 12:28:00 PM
From: Doug R  Read Replies (2) | Respond to of 79628
 
Ivan,

I made a mistake in the comment about RADAF that this post is a response to. You probably knew that though. A second ACT bounce is possible. Keep watching.

Doug R