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Strategies & Market Trends : Point and Figure Charting

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To: Bull4Now who wrote (1329)	3/2/1998 8:40:00 PM
From: Ms. X	of 34817

Hey there! Well I'll be slapped silly and painted purple! Cisco reversed on the chart. Same day as Dell......hmmmm. Market crash! Kidding. P&F is pure madness but it sounds as if you have picked up on the insanity. Cisco needed to pullback. This is a normal three box but it would be nice to see Cisco come down to 62 even 60 which would set up a good stop loss at 55. However, with the RS strong and the sector strong this may be all Cisco gives. With the NYSE bullish percent at 67% we want only to buy stocks on pullbacks with good risk reward. If you are asking if Cisco is going to Hell in a handbasket...doubt it but 5 points...maybe. A few more Oh No's on the chart would be great. A move to 54 would be way too many Oh No's by the way and we wouldn't want to see that. Take care, Jan I am

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