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Strategies & Market Trends : The Thread
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To: kathyh who wrote (7102)7/19/2000 3:12:50 PM
From: stan s.  Read Replies (2) of 49816
 
Hi kathy, those areas are not critical right here, those are breakout and gap support points. I'm more interested in seeing it hold lower trendline support at (3943 at close today). That number goes up about 10 points a day as it holds over. So tomorrow would be 3953 etc. I'll check those numbers later tonight.

After that, things get more worrisome with the 200 day ma at about 3837 at close today. I would rather we not break that point on a close in the forseeable future. That number changes every day as well. As I recall in a post to Bryan earlier the 10% correction point would be reached above that point but I don't recall the exact number.
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