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Strategies & Market Trends : Point and Figure Charting

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To: Jack Chen who wrote (5761)8/13/1998 12:33:00 PM
From: Ms. X   of 34817
 
Hi Jack,
I see the question was answered.
I'd like to add this is why it is good to keep up with the charts.

For instance with PFE. The fact that it broke another bottom is significant. It reversed up yes, but to break a top? No. Could this be another lower top? Could it be setting up for another double bottom break?
You have to look intuitively into the charts as well as technically. This all comes in time.

Take care,

Jan I am
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