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

To: fourptt who wrote (28322)	4/10/1999 11:20:00 PM
From: Magnatizer	Read Replies (2) \| Respond to of 79192

56ers and metastock users what cha think 127.0.0.1:3456/cache.pl?reply-8819520 ht david

To: fourptt who wrote (28322)	4/11/1999 2:03:00 AM
From: Doug R	Respond to of 79192

4, CMTO, It all depends on how much patience you are willing to have with it. It has the traditional type of support just under 20. There's an intermediate uptrend line giving support at 21. I'd say if it broke below the uptrend line, the traditional support would fail as well. There's currently no buy signals on it but no sell signals either. If you feel justified in a tendency toward having a bit less patience with it, any price lower than Friday's close will likely send it down to test the 50 dMA which is at 24 now. It will probably fall a bit below that before deciding what to do next. That's a four pt drop from here so a downtick on Monday will suggest a decision for you on just how patient you want to be with it. Doug R PS, Thank you for the e-mail. Very gracious. I'll get back to you on that.