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Strategies & Market Trends : Point and Figure Charting

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To: Sam Ferguson who wrote (23555)	9/7/1999 2:13:00 PM
From: Ms. X	Read Replies (2) of 34809

IDC broke a spread triple and is currently at a lot of resistance at 6 to 7. Wouldn't be surprised if it pulled back from the resistance but eventually break through. Excellent support at 4.25 and a good place to grab some would be around 5. PO at some future point given current momentum would be 11 (of course I can't judge when that will be). Who knows what is driving it. By looking at the PnF it seems to want to break out of the base but really wont do that until 7.5 Best of luck. Jan I am

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