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Strategies & Market Trends : Sharck Soup

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To: JRI who wrote (15091)	4/6/2001 2:13:22 AM
From: Mickey Mouse Operation	Read Replies (1) of 37746

JRI - sorry, by "low" I didn't mean 52 week low, just a significant bottom in the chart before an upward trend begins. Their is another very low point in Octobers. This is nothing to bet the farm on, just another indicator to take into account and keep an eye on. It seems to be working out so far this year though. If this year unfolds like most do, we would get one last bull run from May 20ish to July 15ish then it will collapse all the way in October. Chartwise I think it would make sense too to retrace to the gigantic resistance point around 2250 before heading back down to new lows. Just a thought! Good night all

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