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


To: Mac Attack who wrote (29279)5/8/1999 6:00:00 PM
From: Warthog  Respond to of 79308
 
MacAttack,

I don't think I am the one to ask about charts, perhaps dougR
or David J. would be the experts on COMPX (nasquack composite).

what I see is the price penetrating the 34 day moving average,
a bearish signal. the last two times this happened it dropped
and kinda bounced off the 2 sigma bollinger band based on a 13 day
moving average. IF history repeated then it would drop to 2400-2450.

this is my amateur opinion. hopefully dougR will answer also.

wart