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Strategies & Market Trends : Point and Figure Charting

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To: HoodBuilder who wrote (22849)	8/4/1999 3:58:00 AM
From: Tommy Dorsey	Read Replies (1) of 34808

Mike Arch is involved with Astrology. STick to Supply and Demand. As mentioned weeks ago this is playing out like 1996 summer. As you know all short term indicators point down which means batten down the hatches on the short term. What this has suggested is happening and in particular to the tech stocks which the OTC BP also suggested last week. Bonds remain on sell since Feb. 4 so nothing new there and close or has made a new bottom. Most tech stocks have already suggesting defense in some way as have their sectors. Go back and re=read I think 3 fridays ago write up on semiconductors and technology stocks in our archives. Might help understand what is going on. Can't sleep in Fl. tonight. Tom

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