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

To: ivan solotaroff who wrote (25380)	1/14/1999 2:49:00 AM
From: Doug R	Read Replies (3) \| Respond to of 79313

Ahem... Ivan, The long term picture for AKLM remains intact. Over the latest significant time period, AKLM has actually performed quite in line with what the long term chart has telegraphed. As long as volume is attendant, the overall tremd for AKLM is up. Quasi-mimbos are best monitored by their volume. Speaking of mimbos...the current mimbofolio has a large enough representation here to use short term TA stuff to always be in the one(s) that are popping. It's a small enough list to go in-depth with yet large enough to always have something like today's FRNT going on. I'm also starting a list of MIMs that are working on the right side. The way the market is shaping up from the MIMBO perspective, it seems we will see an extremely typical year as far as historical market seasonality goes. Recoveries from any "scary" dips will likely remain awesomely swift. The Brazil devaluation was already in the market nearly a year ago. Greenspan spoke of the world banker types having a better handle on things. The timing of Brazil coupled with the overall global miasm just might be considered as a bit of global monetary "manipulation". Gee, the timing couldn't have suited overall market psychology any better, eh? And what does the cold technician get out of it all??? Hmmm...lookie there...a classic retest of a significant breakout. The breakdown lines are in place. The confirmation of a breakout lines are in place. Overall momentum is where the money will go. Pity the bears, Doug R