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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin!

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To: Patrick Slevin who wrote (1484)11/28/1999 11:08:00 AM
From: Jerry Olson  Read Replies (1) of 7434
 
Morning Patrick..

you keep the oddist hours....

DELL....broke a triple bottom at 45, sold off to 40, but did NOT break the BSL...reversed back up to test the recent support/resistance area at 46, sellers appeared and it sold back off to 38..that double bottom created a bearish catapult..YES...triple bootom, then a double bottom...

it since has reversed up and gave a buy signal at 44, moving sideways to UP, the next buy signal is 45....

at no time did DELL break below the Bullish Support line, the asending line of asterisk's...

looks like to me if it prints 50, it will break all resistance and rock higher...

hope that helps...
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