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


To: Maestro who wrote (19374)7/14/1998 3:21:00 AM
From: milesofstyles  Respond to of 79273
 
tfce is a double once it breaks free

daughterov that is still stuck in isl (icky stock land)

dad owes me REALLY REALY big



To: Maestro who wrote (19374)7/14/1998 4:34:00 AM
From: Doug R  Respond to of 79273
 
Maestro,

A MIMBO is a 9 month or less double or more. Trend line construction is the initial guide to risk tolerance. Several price and technical chart formations point to a resolution by the middle of August. It is a common occurance that resolution takes place at the 3/4 mark of such formations. However, for those that are either extremely confident (myself being one of those as far as TFCE is concerned) or have a high tolerance for risk, a chart that takes itself to the very apex of the formation has the capability to make an extreme move. If you don't have the tolerance or confidence, get out by the first week of August.

Doug R