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

To: bdog who wrote (27625)	3/24/1999 9:54:00 AM
From: wittder	Read Replies (1) \| Respond to of 79227

bdog, look for some confirmation Is my understanding of this is correct Yesterday I mentioned GFI,(gap down on heavy volume) after my latest reading I see its two early to see anything positive on this move. High volume to the down side is bearish, and should see an initial move even lower? If I'm looking for a positive signal move from here(reversal) , I need to identify a channel or head and shoulders formation (over some duration in time) with a break to the upside, through the return line, with increasing volume. I know this is in its simplest form, one step at time Wittder