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

To: Woody who wrote (24366)	12/18/1998 3:10:00 AM
From: Doug R	Respond to of 79298

Woody, Very nice review of MEDA. I assume the "quasi" refers to the fact that it has gone lower than the 11/97 low?? That's a shame too because it did have great potential until then. Now, since it is quasi, it will take consistently extreme volume to get it going. Since it's getting a beginning of volume, it's well worth stalking. It's hard to say what to really expect from it here. Just because it only quasied on the first attempt doesn't mean it can't get another MIM going. That would probably be what to watch for in terms of the longer term strategy that a MIMBO calls for. How about this one, WARPF. It's got a solid MIM so far and projected trend lines give it until 1/18 to BO. Of course there's then the retest and the survival of the retest on volume stuff to hash out but it's doing the right thing so far. And...the key factor to watch for on SPYG is the 89, 3, 5 stochastics for that system buy signal in the manual. Doug R