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


To: Bosco who wrote (23443)11/24/1998 3:27:00 PM
From: Doug R  Read Replies (1) | Respond to of 79230
 
Bosco,

Thanks, that's better. I used to follow SFNB. Last time I looked at it (a while ago) I liked it at around 12 but didn't get in (made the mistake of listening to a fundamentalist). It would run into a decision point (base) at 23. Not bad for a start. You would have to monitor whether it goes into a base or just retreats. A retreat would be an opportunity to take a little profit while a base would be an opportunity to hold and perhaps add more on a breakout.

Doug R