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Strategies & Market Trends : Waiting for the big Kahuna
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To: ratan lal who wrote (20173)6/12/1998 12:29:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (3) of 94695
 
here is a quote from Jerry Favors

"The still more important the Gann weekly Chart turned up on Monday on the rally above 9057.50 intraday in the Dow. As long
as the Dow holds above 8749 on a print basis and 8719 intraday on the next correction we would look for new highs.
However, any decline below those levels from here on will be a serious negative signal and suggest a sharp breakdown could
follow."

for those questioning "print basis" from Favors...
the way this is worded
"print basis" seems to mean closing basis...what is printed on the close
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