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

To: Theodore Johnson who wrote (22286)	10/23/1998 3:21:00 AM
From: Doug R	Read Replies (2) \| Respond to of 79273

Ok Theo, Now that you have the manual out. Refer to the MIMBO retest. You'll note that prior to a good MIMBO the 89 dMA/MLR exhibits an optimal tracking profile and crosses over on the initial break of the major downtrend line. As Cube has observed, the jump that the stock makes in order to get the MLR of the closes to cross above the MA of the highs usually results in a significant pullback. This pullback coincides with the retest of the MIMBO. The initial breakout is also the jump that affects the MA/MLR. Survival of the retest on strong volume leads to greater expansion between the MLR and MA as the price accelerates back to its alltime high. This is all intermediate to long term stuff while the recent comkey, TSF and MFI stuff are short term. Just a review for you, Doug R