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

To: Tom D who wrote (24976)	1/4/1999 11:15:00 AM
From: Doug R	Read Replies (6) \| Respond to of 79230

Tom, SPYG became a MIMBO at 12 and ran into the IL in the 30's. That was where it was time to bail. I knew of only one person in it, Bruce L from the St. Louis meeting, and he got out over the IL. Then SPYG had the expected drop due to IL violation while maintaining the 89, 3 %K above 20. I had posted several times to wait until that indicator went back over 80 as a buy signal. It hasn't. If it goes below 20, the MIMBO is no longer active and it will be removed from the portfolio. Doug R