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Strategies & Market Trends : Chart Formations

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To: sean sanders who started this subject	8/30/2000 8:38:22 PM
From: Casaubon	Read Replies (1) of 967

IBM put in a nice looking tri-star reversal pattern. stockcharts.com[L,A]DACLYYMY[PB50!B200!D20,2][VC60][IUB14!LA12,26,9!LL14] probably a good short down to $108.875 test of gap support, with a stop out level of $134.5 for a good risk reward ratio of $4.32 loss to $21.25 gain from todays close $130.1875.

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