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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 (28279)	4/9/1999 2:54:00 PM
From: Doug R	Read Replies (5) \| Respond to of 79177

Ivan, SHG shows accumulation in that the down trend flattened out while those 3 really tight range days from 3/26 back showed some volume interest. Closing on the high yesterday and Wednesday is also a sign of accumulation. Those guys are very likely not the sellers here. Somebody with cahones is in position and possibly adding here. If it signals today, I expect at least that 28%ish type stuff. On another issue, I preplugged some numbers into the LTXX chart and a buy signal on the multiplex and scatter creeps into the picture with a close of 5 25/32. It gets stronger at 13/16 and 5 7/8 would elicit a strong buy signal on the same as well as a very nice acceleration through a 4, 3, 2 xover. Volume's decent so far and it looks like it's gonna come down to the close on it. Doug R