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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 (20288)	8/6/1998 4:08:00 PM
From: ivan solotaroff	Respond to of 79269

PLXS Doug: " Does PLXS on 6/9 thru 6/16 look like the flange you know when you see?" No, that's too long after the signal. The one I see with PLXS is from 3/1 to 4/6. Or with ORCL, from 2/9 to 3/3. Or SGI, 2/11 to 3/30. Notice there are two walls to the upward wave (I guess that' true by definition), with a trough between. Color me Margius de Sade, but to me it looks like a whip's tail; after the signal, it flanges up, but can't maintain the momentum. You play the deterioration twice: short on a high-volume day near a top you pick as the "A" high of the flange; you cover at a low that, somehow, you learn to call; then short again, when you reach the "B" high. Though NSCP never really signaled (too bad the world's not perfect), the action between 5/3 and 7/1 is an extreme caricature of the flange. Ivan PS: Sorry I've been so sloppy with my cat-calls lately. I should be somewhere else, I guess.