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

To: MechanicalMethod who wrote (22210)10/19/1998 8:31:00 PM
From: Alski  Read Replies (1) | Respond to of 79270
 
Osci,
<ABTE failed both first day exit rules, Close > Open, and Close > Close[1].>

Did you mean Close < Open, and Close < Close[1] or am I missing something here? At least there was light volume.

Alski



To: MechanicalMethod who wrote (22210)10/19/1998 9:29:00 PM
From: Magnatizer  Respond to of 79270
 
Osci

Magnets on ABTE: 3.625 downtrend, 4.21 downtrend, 5.125 neutral zone, 5.62 downtrend, 5.88 downtrend, 6.22 uptrend.

I expected it to get to the neutral zone today at a minimum. If it does not get there tomorrow I will exit. It is on day one of leaving the downtrend below (4.21) so it could just be resetting. I am not giving it a whole lot of room.

ht
david


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