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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 (15341)	4/23/1998 11:03:00 PM
From: Ceez	Respond to of 79260

Hmmm.....yeah I see what you are pointing out. The Dow graph looks like in mid-March '97. I was not into stocks back then so I can't say (through experience)how choppy the market really was. However, the Dow fell 160 and 148 points in 3/12 & 4/13 respectively. The graph also shows that it took approx. 9 months (July 96 - March 97) to climb 1600 points. This year we have done it in less than 4 months, therefore is reasonable to assume that if there is a correction it will be more severe than last year. OT.....Are AINN technicals still OK????? It went through 8 7/8, which I thought would be a resistance point. I was in the office today so I could not salvage my gains. Good thing I got in the very low 7s otherwise I would have cried even more ;-) But seriously, how long would it take for the TA indicators to re-arm themselves and start marching towards 12? TIA Ceez