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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote ()	6/1/1997 5:13:00 PM
From: Chris	of 42787

RACE chart--- Hi all.. Attempting to update my charts. Charts went through, but can't edit my webpage. I'm going to add/delete some charts.. However, more importantly, I looked at RACE further...Richard said this: *It has got to break 17, at this time it is in a downward trend* I do believe that we are, but you have to look carefully to find it (I didn't see it at first).. geocities.com I've drawn in a red trendline that is downward sloping. That (I hope) is what Richard was referring to... Now, that doesn't mean RACE will tank or anything. But it does mean, we are in a down trend. When the price gets closer to the support at 12.xxx, RACE will either go up and or down (meaning move out of this downtrend either up or down).. Think of it as a T-intersection. Either you go left or right.. RACE either has to go up or down from this downward trend. I hope I made my explanation clear. Please correct if you need clarification or if I'm wrong... Chris

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