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


To: Warthog who wrote (19557)7/18/1998 12:06:00 PM
From: bdog  Read Replies (1) | Respond to of 79296
 
Mr. Hoggin Sie Finden Those Tricksters,

Likely. I like the more traditional Dougonian. Although I believe Mileshortkingov likes em sooner. Check the 2,1,2's and the 2,3,5 macd. Lookin good in my book. Then again, I can't read.

Makes sense to also look at some other things like resistance.
Seems to not want to pass the 5 dollar zone. Caution. Watch volume.

Good hunt.
bdog



To: Warthog who wrote (19557)7/18/1998 6:20:00 PM
From: Doug R  Read Replies (2) | Respond to of 79296
 
Collin,

AILP:

The hitch is possibly there now. It needs to pull back a bit first before the trick can be complete. It's possible that a 2 day hitch is in the making. Any hitch that takes 3 days or more should be seen as suspect as the reliability of the signal on the trick is then lessened. A 2 day hitch could lead to a 2 day draw down (but not necessarily) before the signal.

So far it's setting up in the classic manner. Tuesday at the earliest if Monday is a down day. With a 2 day hitch and 2 day draw down, it would be Thursday at the earliest. Occasionally a bit of stalling between the bottom of the draw down and the signal line occurs. This happens more often on a 2 day hitch with a two day draw down. As it stands, you wouldn't even need to check the indicator to know where it is from here on out if it ends up as a classic trick. (but you should anyway until you have more practice with it) The indicator will do what the price does.

Doug R