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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 (11083)	1/22/1998 11:13:00 AM
From: Cornstock	Read Replies (1) \| Respond to of 79281

Dough, take a look at SRCM. It's doing what it is supposed to do. eom.

To: Doug R who wrote (11083)	1/22/1998 12:34:00 PM
From: Dave H	Respond to of 79281

Doug, Thanks for the continuing education in indicator analysis -- it's very helpful! I think the situation you have laid out with the Dow is quite exciting to watch; we are truly at a very important "decision point" and it is fun to watch it unfold in the TA. I've noticed on all the major indices a pronounced outflow of money according to my 89 day TSV tc2000 indicator since october '96. The trading range that has been set up during that time seems to have been a very long period of distribution, as you have said elsewhere. Thus the evidence does point to a drop...but these markets have a way of surprising you, eh? GTAX -- volume seemed to pick up but looks to be stalled again. Watching closely though! ABTX looks very close now... -dave