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


To: bdog who wrote (24421)12/19/1998 6:51:00 PM
From: milesofstyles  Read Replies (5) | Respond to of 79242
 
bdog,

i sat in cash too, the market did signal the sell. i looked at a line chart of the dow, and the neckline of the h and s of the top has not been repenetrated to the upside yet, on that same line chart off the low has set up a mini ihs, the dt of many of the indicators are broken it looks like,that new toy you sent says we're ready to go. the 89.3.5 looks pretty strong here and the 13.8.8 is setting up nicely. if i had to choose my direction i would say up next week,seems the market is ignoring the politicals so far, i think i will pick my spots carefully for now, til we see if we are gonna get a few more higher lows to set up that shoulder that doug has mentioned, but in all i don't think we have missed much being on the sidelines, looks like the signals are just getting under way on the dow.
geez, there were ihs's in the 3 and 13rsi's of the naz...who's in charge of those!!!!!

shouldabotatekov



To: bdog who wrote (24421)12/19/1998 8:53:00 PM
From: Doug R  Read Replies (4) | Respond to of 79242
 
Bankdog,

You might want to start stalking SPYG's and MLIN's 89, 3, 5 stochs for their return to 80+. You know, the 89, 3, 5 screaming buy signal.
Or you can take a shot at ASHW's recent cat call.
With the eventual target of 20 (conservative) on AKLM there's still plenty of room there. Entry at this point may be tricky but there's little sense in quibbling too much...I should know, I tried it.
Go back through the thread for last week and check all the stocks that everyone has mentioned. There's a lot of good ones.

The comkey scan would also be useful. What's it up to these days? Could you post the hits?

Doug R