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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 (11567)1/29/1998 2:50:00 PM
From: ivan solotaroff  Read Replies (1) | Respond to of 79263
 
AMLN

Dave:

Sorry -- hadn't seen you were out when I responded to you privately. Now, who'll I write to?
To me, any close at or above 1/4 today is acceptable. 5/16, for example, puts it on or very near the most conservative uptrend. The intraday run-up today aside (whatever the HELL that was; hope I see it again), today is progressing as hoped for: slow, steady, and if you subtract the 70K or so that entailed (a trick? a joke? a trap? a fool?), the volume is staying low like one wants it to.
Or maybe today will prove to be the high-volume signal day I'm always harping on about. No reason I can see why that three-day interval shouldn't include the original BUY signal day.

Ivan