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

To: Warthog who wrote (23035)	11/15/1998 11:26:00 AM
From: Magnatizer	Read Replies (1) \| Respond to of 79378

Collin It appears that last week was the buy signal on a weekly scale for the shark fin on EQU. I don't know of any studies on the shark fin weekly basis but it could be a great way to find stocks breaking out of a basing period. Good job If you look at the daily data on EQU you will see a shark fin formed last week. No buy or sell signals yet but if it goes to buy signal it could be a nice confirmation of the weekly signal given last week. As you know EQU has been range bound for quite a while now, if it breaks out it could be explosive. Nice series of higher lows put in since mid 96, volume building... I like it, thanks ht david