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


To: Michael L. who wrote (11375)1/27/1998 12:57:00 PM
From: Doug R  Read Replies (2) | Respond to of 79260
 
Michael,

MIKE stopped right where it was supposed to...the initial downtrend line on the left shoulder: 9/23 to 10/9 highs I believe. A nudge just may start it back to the low 25's.

Doug R



To: Michael L. who wrote (11375)1/27/1998 1:27:00 PM
From: ivan solotaroff  Read Replies (1) | Respond to of 79260
 
Michael/MIKE

Michael:

I think they call that "selling yourself short"?

Ivan

PS: Just from a chart point of view, you're right at the horizontal pivot of the last three months. Why not let the market tell which way to go by giving it a day or two. With volume like today's, you're bound to know before long.