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Politics : High Tolerance Plasticity

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To: Peter van Steennis who wrote (21633)	9/28/2004 9:04:40 PM
From: chowder	of 23153

Peter, The chart for ILA did look good at the time. However, the price ran beyond the linear regression lines. Anytime price extends beyond those upper bands, 99.7% of the time price will pull back within those lines. ILA did just that. ttrader.com Now that it is testing the lower linear regression line, I would assume the price would bounce here. I don't know how much of a bounce to expect though since the price is now below the 20 and 50 day moving averages. It would need to get above those moving averages with conviction to change the character of this price movement. Notice how money flows have really fallen off, as noted by the CMF indicator. stockcharts.com[h,a]daclyiay[pb50!c20!f][vc60][iut!Lc20!Lg]&pref=G dabum

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