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

To: Ed Don who wrote (23571)	11/28/1998 1:16:00 PM
From: Doug R	Respond to of 79270

Ed, I have this tool I call the IL (impossible line). INFR may be different (I've only ever found one stock that was though) but it's above the IL now. That's doesn't necessarily mean it can't go higher but I find it's never (except once in the last few yrs) a good idea to buy a stock over the IL. I've been disbelieved about it before and I probably will be again but it's just a rule I have and since I've taught most on the thread here how to construct an IL and they've seen it in action, I suspect they have the same rule too. Good trading to you, Doug R