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

To: Alski who wrote (22959)	11/12/1998 10:04:00 PM
From: Magnatizer	Read Replies (1) \| Respond to of 79216

Alski I just ran the magnets on AIPN. I believe Russ had put in the request on Monday. Magnets: 1.375 very strong, 1.50 uptrend, 1.75 (not magnet but a significant long term downtrend), 1.8125 weak, 2.00 strong, 2.125, 2.625 weak, 2.70 uptrend, 3.625 downtrend... AIPN came down to retest the long term downtrend which it recently broke through. Nice volume retest day. I like it. Some of the techs are saying 2-3 day pop then a pullback followed by a nice steady climb 56ers check the 89 MA/MLR on this one. ht david

To: Alski who wrote (22959)	11/12/1998 10:57:00 PM
From: Russell McGuire	Read Replies (1) \| Respond to of 79216

Alski, THANK YOU .... I've just started learning about candlesticks and was wondering if you could suggest an good books on the subject. Right now I'm still reading Pring, only a small section for candlesticks. It looks though like it would be profitable to scan for hammers. I've lots of candlestick charts(for stocks talked about on this thread) where it looks to have signal the reversal perfectly. I'm am already in AIPN and like the volume(up to 1,808,300 from the average daily of 459,181 per yahoo finance). According to Dr.Risk on the AIPN thread(level II watcher) someone is taking a big stake in AIPN. I don't really know how you can tell but maybe someone knows something, I hope. Is a dragon fly doji just a doji form of a hammer? If so, wouldn't it have to be at the bottom of a downtrend to signal? Thanks, Rusty