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


To: James A. Nelson who wrote (11147)1/23/1998 3:47:00 AM
From: Doug R  Read Replies (3) | Respond to of 79146
 
James,

I suppose it's time to put it on the "to TA" list. Just because it's a cat is no reason to impose just the PGDCEB criteria on it. Thanks again for another "filing alert".

Those heathens at AOL have disgracefully omitted yesterday's data from there downloadable data. When I downloaded it (I was just writing over the last 2 years to look at the progress of the impending drop), the data on my drive for yesterday was erased too. It's too late here and I'm too tired to do it manually so I'm going to bed instead. Those rat bast...s at AOL better have it right by morning. Looking at what I did have and extrapolating in my mind's eye though gives me the impression that the 13 day RSI will definitely be below the AB-XY intersection as it comes up very shortly. A hiccup of an up day on the day of the intersection would be expected in order for it to be tested. Then...down.

Oh, and another thing...that envelope thing that guy was referring to on APCO: The end of the envelope is open just as Bollinger Bands are. In the last 2 days, the top of this envelope is moving up at a 70 degree angle and is currently at 7 3/16 with a 13 day setting. On a 21 day, it's moving up at least at a 45 degree angle and is at 7 1/8. Now considering that the upper line defining this envelope is moving up right now, how can he say what THE top will be on the current move? The bottom IS currently just below 6 1/2 but the uptrend of the envelope bottoms is very solid. By the time APCO may test the bottom, it may well have moved up to 7. Boy, I can't wait...

Doug R