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

To: ACAN who wrote (27236)	3/10/1999 3:41:00 AM
From: Doug R	Respond to of 79308

Allan, VMRX is working down the right side of a possible mim. It needs to hold a higher low. The 3 dRSI on GMTI is not over 95 yet so it's not quite pasted. If you go back to the last time it did paste, you'll see that it just performed a secondary trick that was signaled on Monday. Tuesday's rate of increase on the 3 dRSI decelerated so it's less likely to paste here but if it does, you'll see relatively heavy volume on it early Wed. and a solid move up. From there, price would have to stay up for two more days to set up a next trick. You could buy if you see early volume and a good tick up. Then expect less momentum (possibly just straight across movement) for a couple days before the pullback that would begin to load the trick. Doug R