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


To: ivan solotaroff who wrote (12560)2/21/1998 4:26:00 PM
From: Doug R  Read Replies (2) | Respond to of 79243
 
Ivan,

Maybe Esteban can get the new kitty litter list up. I've kind of been a bit busy with the bull run after the 13 day RSI intersection activity pointed to the recent market jump to new highs. Kittys were a "safe haven" for the time before that when things were a bit dicey. IL violators pay no attention to the direction of the market so they are good for all seasons. RADAF has been the easiest IL/ACT channel swimmer to peg and I expect RECY will offer up a degree of predictability soon.
I think TXCC is at the limit of reciprocal retracement now and will base out a little bit before finishing what it started. The first break of the IL was the early stage of the entire dynamic and now that the IL is approaching 18 it should begin to do the technical work required for the finale. Hmm, I guess I better run it through the blender.

Well that's enough rambling for now...I'll hold you to the invite on a cigar.
Doug R