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Strategies & Market Trends : Wire to Wire Daily Stock Picking

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To: Daniel Miller who wrote (175)	5/23/1999 11:34:00 AM
From: Jeffrey L. Henken	Read Replies (1) of 3514

The whole group needs a lift Daniel. I just checked on the service I use on the larger caps. This is what Market Edge's Second Opinion says about SEEK: Moving Average Convergence/Divergence (MACD) indicates a BEARISH TREND Chart pattern indicates a STRONG DOWNWARD TREND Relative Strength is BEARISH Up/Down volume pattern indicates that the stock is under DISTRIBUTION The 50 day MOVING AVERAGE is falling which is BEARISH The 200 day MOVING AVERAGE is rising which is BULLISH LOOK FOR SUPPORT AT 44.84 WATCH FOR RESISTANCE AT 46.67 Stochastics indicate stock is OVERSOLD STOCK broke DOUBLE BOTTOM (Bearish) Point & Figure Chart Formation Yesterday I'm hoping for a breakout on the upside based on the fundamental information you just shared here. Thanks, Jeff

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