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

To: Doug R who wrote (12657)	2/24/1998 9:19:00 AM
From: Ocote	Respond to of 79298

Doug-- CMED Thanks, I needed that[slap both cheeks briskly]. Looks like a bit of exuberance triggered by the newsletter. I will take my profits now, look for a new entry point. Ocote

To: Doug R who wrote (12657)	2/24/1998 9:53:00 AM
From: Alexander	Read Replies (1) \| Respond to of 79298

Doug, quick update on APCO please! Alexander

To: Doug R who wrote (12657)	2/24/1998 10:03:00 AM
From: Ocote	Read Replies (2) \| Respond to of 79298

Doug-- Do you think it's time to review the Dow again? On the BB(20, 2.0), weve been riding up the upper band since the breakout and now beginning to pull back; perhaps to the middle line before heading back up. On the 13 day RSI we've established a new peak, which when looking back forms a new line AB, but this one doesn't have the downtrending strength of multiple points found in the previous AB. The uptrending line is still intact. This uptrend will inevitably be broken so that a new more modest uptrend can be formed by a new relatively high bottom. Overall, looks like a modest pullback IMHO during the next week, then return to bull market. Perhaps a good time to keep some cash on hand. That's the superficial interpretation. What's your thought. Ocote