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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (55520)10/15/1998 12:13:00 PM
From: HairBall  Read Replies (1) of 58727
 
Donald: The Dow Industrials upper descending trend line you and I discussed over the weekend (highs 7/20 to 9/29) extended forward for today is approximately 8000.

Each day this week the trend line has been penetrated. That has not happened on any of the previous bear flag rallies.

In addition: If you create a new trend using Monday's high, extended forward for today it is approximately 8100.

The Market is indeed showing signs of strength, not displayed since the July Top.

All above analysis is done with: End of Day Theoretical Data with Semi-Log Charts

BWDIK
Regards,
LG
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