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Pastimes : Ask Mohan about the Market
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To: Zeev Hed who wrote (9059)11/23/1997 9:50:00 AM
From: vegetarian  Read Replies (1) of 18056
 
YHOO chart currently indicates an ascending triangle formation which is a bullish sign and has potential for at least 10 point upside when it breaks through the supply line at 55.
A short position at this point would need to wait for a while before it comes down because the market momentum is on the other side.
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