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

To: Alski who wrote (19984)	7/29/1998 10:49:00 PM
From: milesofstyles	Read Replies (2) \| Respond to of 79273

an ihs in the 3day broke out yesterday. early entry would have been intraday yesterday, with the actual signal occurring with last nite's data. this appears to be the follow thru. i had difficulty getting an act/il group together. since i couldn't get that together, i think if you extend a line across the peaks of the two most recent highs,i used 4-29 and 7-6, that this may work for a target, think tasc had something about this a month or two back...for my trendlines i used a chart of closes, it starts for me on 12-15-97. today has broken back above that line slightly.between the 2 days its up about 12 percent and some profit taking may push it below that line. one other thing i noticed was another upper channel line. i used 1-20 and 3-3 for that. the interesting thing about the 2 upper lines is that they meet at 21.00, this may all be a bunch a crap, but i couldn't find an act/il relationship,:P :I :{ :( <<<(...milesov at work and throwing in the towel) but if it continues i would be curious to see how 21 will be treated. milesdonetriedov