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


To: RWS who wrote (24465)12/20/1998 8:12:00 PM
From: Doug R  Read Replies (2) | Respond to of 79270
 
RWS,

A lot has happened since MB. More developments, refined methodology on previous stuff and now a more comprehensive manual. You're going to get more than just your feet wet in February.
OMQP doesn't pass monthly bar scrutiny so it's neither.

I just checked the MB list. NOW I know who you are...sheesh. For a while there I thought you had figured out what to look for in a MIMBO on your own. Keep in mind that the MIM must show up on a chart of monthly closes and a break of the major down trend line most often goes through a retest. It's the survival of the retest on heavy volume that is the buy signal.
Wait until you see the Peg line buy signal...you'll love it.

Doug R



To: RWS who wrote (24465)12/20/1998 10:01:00 PM
From: Doug R  Read Replies (4) | Respond to of 79270
 
Attention all,

THIS IS AN ALL-OUT MIMBO ALERT. As of Friday, December 18, CPLY has begun the final requirement of this pattern; survival of the retest of the breakout on significant volume. It's got the MIM...it's got the BO, it's got the retest, it's got survival of the retest, it's got the volume. Now, I MUST reiterate here that insofar as MIMBOs go, there will be plenty of time for entry. There's NO need to rush into it. For some, you may prefer waiting for a break of the Peg line. I suggest a thorough piece of DD on it and would greatly appreciate any fundamental info that can be brought to the thread. We got one now folks. If it goes valid, the intermediate term target is 55.

ok, deep breath,
Doug R