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

To: Cary C who wrote (12034)	2/8/1998 1:42:00 PM
From: Doug R	Read Replies (3) \| Respond to of 79281

Cary, I don't think Jim used the word "sour". He was just taking note of some warning signs that were cropping up. Often, when the technicals "reset" or "reload", technical uptrends are broken and downturns begin to occur. This activity, strictly speaking, doesn't actually put forth any sell signals but it does increase potential risk. It's very difficult to ignore warnings since they frequently lead to sell signals. I got out of APCO due to the same warnings and have stated that I would get back in upon any new breakout. It's a matter of one's personal degree of prudence. Doug R