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Strategies & Market Trends : Point and Figure Charting

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To: Gottfried who wrote (23869)	9/28/1999 3:21:00 PM
From: Tommy Dorsey	Read Replies (2) of 34809

The reason for CPQ double potential. CNBC has a new thing that they require guests to pick a stock that they think has a possibility of going up 100%. Even though we don't think like that, I still have to play the game. I chose CPQ because its a large company that is not going away. It is down more than 50% and resembles AAPl when it had problems. The stock had given its first buy signal or was close can't remember, since it hit the top at $51. Also was on the cover of Business week wondering if the CEO could ever get it right. So I think it has a possibility to go up 100% from here wihich will only get investors at the top, even. Also had to pick another one GBLX to keep playing the game. It's all sound bites. I would love another 20 minutes to explain myself and to be able to present charts to support my comments but it's a soundbite world. I do the best I can with the time given me which ain't much. We've got out video going back on stream this week and will have our own stockmarket show. Tom

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