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Strategies & Market Trends : Tech Stock Options
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To: ViperChick Secret Agent 006.9 who wrote (41615)4/28/1998 3:07:00 AM
From: Dwight E. Karlsen   of 58727
 
Did you see this?

Here's a view. Something to think about. Although ummm..well, I do agree caution is very wise here.

Message 4233286

To: Chip Carpenter (17119 )
From: David Plonk Tuesday, Apr 28 1998 12:45AM ET
Reply # of 17484

PARADIGM SHIFT

7) The same projection method I used to analyze these other 6th degree patterns and determine the bottom within 1 to 3 S&P points precisely targets 995.30 on the June S&P, 995 on The SPX Cash, and 7991 on the Dow. Breaking through 1105 on the S&P futures to the downside validated and activated the pattern. It would now take 2 closes above 1105 to invalidate this pattern and its targets.

(that's just #7, go to the post for 1-6)

For further explanations, click to the question in reply to above post, and from there Plonk's explanation.
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