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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 (17593)5/26/1998 11:29:00 AM
From: Magnatizer  Read Replies (2) | Respond to of 79352
 
Well I have an interesting experiment going on with ONTC now that it broke 3 7/8ths. I have a magnet there and with most stocks if the magnet is broken then it becomes more powerful. I expect 3 7/8ths to be a base area for a minumum of 3 days. Will be watching close as the technicals all point to a increase in the price. hmmm,

ht
david



To: Doug R who wrote (17593)5/26/1998 11:35:00 AM
From: Magnatizer  Respond to of 79352
 
DOCSF broke a long term downtrend. volume is way above average. looks like a strong afternoon. Too bad I am going golfing.

ht
david



To: Doug R who wrote (17593)5/26/1998 11:51:00 AM
From: Maestro  Read Replies (1) | Respond to of 79352
 
Doug or Ivan,
Could one of you please explain to me what PGDCEB stands for, I think I grasp the general concept, but some clarification would be extremely helpful.
maestro



To: Doug R who wrote (17593)5/26/1998 1:31:00 PM
From: ivan solotaroff  Respond to of 79352
 
PGDCEBs

Doug,

Thanks for the explanation.

"... there's no way to know exactly how any correction might present itself (a one day plunge or a 2 month slow meltdown)..."
I'm beginning to think we MIGHT be in the middle of the latter. When I bought PAIR this morning, there wasn't a doubt in my mind about it. Its failure to overcome the general lethargy today is getting me nervous about the market at large: It's lost its "tone."

Ivan