Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Mr. Big who wrote (68929)	1/28/2000 4:54:00 PM
From: stan s.	of 108040

Naz, hi Mr Big. Admittedly I'm not looking at my regular charts right now but both gaps you refer to, have, I believe, technically been filled. The 3850 area does provide some support for two reasons. In an earlier "gap fill" dip, the chart configuration troughed there, leaving a straight line of support at 3850. In addition 3860 is the proverbial 10% correction (minor) area when calculated from the open/close high around 4290. The next couple of gaps on the chart are, I believe, around 3620 and again at 3450. I need to reiterate, I'm not looking at my normal charts right now. Anyway, as has been the case for a long time, no reason for panic (not aimed at you), as there's no reason yet to indicate more than the normal correction. 10 to 15% is common, more than that starts to raise eyebrows. Stan

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