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

To: Blake Turner who wrote (26065)1/31/1999 12:42:00 PM
From: Doug R  Respond to of 79497
 
Blake,

It appears that the time to have gone after ARA was when the 13, 8, 8 telegraphed that the 89, 3, 5 would signal. The 89, 3, 5 did the second move over 80 on 1/15 when it gapped up while the 13, 8, 8 made its own move over 80 on 1/12.
Right now the 89, 3, 5 is a bit too high to expect much more %-wise out of ARA in the short term. It would be best to wait for it to reset and use the 13, 8, 8 to anticipate a renewed 89, 3, 5 %K cross over the %D.

Doug R


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