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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 (22139)10/17/1998 7:39:00 PM
From: Doug R  Read Replies (3) | Respond to of 79395
 
David,

What the heck is an Aktiebolget SVE? Aol has no data on it.
Did you have a look at the 8 and 34 dMFIs? If it turns out that the 8 also needs to be rising I'll let you know. That would eliminate WAB.
The current profile of the 8---34 could eliminate MANC as well. With the 8 so extended from the 34 and at such a high value, MANC may only have one more good day in it.

Doug R



To: Magnatizer who wrote (22139)10/17/1998 7:55:00 PM
From: Doug R  Respond to of 79395
 
David,

Using one of DeMark's toys, the TD supply line breakout measuring technique, a DJIA move to the 8900-9200 range is projected. It gives no time frame or real roadmap as to the intervening ups and downs and I have to admit I'm a bit skeptical of it but I've seen it work before.

Doug R