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

To: Magnatizer who wrote (21481)	9/19/1998 9:42:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79297

David, IM: 89, 3, 5 looks good. MACD will confirm if it moves up Monday. 233 dRSI is very nice. 21 dBBs are set up well. 89 dMA/MLR is ready for continuation. If the rabbit does get back in gear you'll get the new magnet and a one or two day pullback from there would be a good entry point if you're inclined to wait that long. It was looking kind of shaky as it drew back to its last accelerated uptrend line and did a touch-and-go on Thursday. From 6/16/98 to then it has seen that line 4 times. It's certainly working hard to maintain it. Remember how accelerations are seen off just the 2nd anchor of a trendline? IM seems to be going through re-evaluation of the current supply/demand dynamic more often than what I'm generally comfortable with. It should have seen an acceleration off the 9/1 low. That's basically my only reservation about it. Otherwise I like it very much. Doug R