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

To: milesofstyles who wrote (16011)	5/2/1998 9:53:00 PM
From: Doug R	Read Replies (2) \| Respond to of 79383

Milesovmemoryov, Are you printing out all my good posts or what??? heheh. I don't see why you would say the SMI tosses ASHE. It looks good to me. 2, 1, 2 has that accumulative uptrend to strong levels then the break during this current base which readies it for the next leg which is possibly getting telegraphed by the 2, 1, 2. The 13, 25, 2 is above threshold and set to swing up on the back of the shorter stuff. SMI from my point of view is a 7. The knee in the 89 MA/MLR in early April takes care of the precrossover tracking problem so it gets at least a 6 there. BB's are 6. CCI is 6 (was 7 before the move up and has burned off a point on the move). MA stuff is 6. Price/volume stuff is 6. RSI is 6. Stochs appear to be 6. Hmmm. 49. It'll probably continue to base for a while. That 7th point is the timing and it's teasing my system here. It could be a false negative so it's definitely worth stalking and not a sell. Maybe you could run ASHEW for a lead. Yikes, huh? Volume on ALR is a bit low yes. If it decides to take advantage of its attitude status, volume will not be a problem. Doug R