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

To: Monty who wrote (27834)	3/30/1999 11:55:00 AM
From: Doug R	Read Replies (2) \| Respond to of 79230

Hi Monty, The uptrend on a monthly chart of BEAM, over the last 5 months, shows that it's still putting in the MIM. It's definitely a solid one now and I'd say it's nearly topped out. The next stage is to pull back and set up for the BO. Make sure the whole thing is well defined on the monthlies so you don't find yourself chasing the top of the MIM here. Now that it has likely set the major down trend line, it's one step closer to making that move that projects a more probable attempt to return to its all-time high. For one that has the MIM, the pullback and is now considering the BO, take a look at the DIAN chart. Doug R