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Strategies & Market Trends : Automatic

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To: robert b furman who wrote (323)	7/23/2001 12:43:53 PM
From: ken-l	Read Replies (1) of 470

bob i really dont like the current 'weak' rebound .... it seems like a setup for a further decline !!! the key trend line, which was trading @2020+/-, has been violated !!! i think compx will have a really hard time getting back above that trend line in the short term basis !!! if i have to guess, i think we may rise or trend sideway here to relief some of the excessive oversold sentiment in the 15 mins chart, then, it may descend lower to test the support between 1974-1966 this afternoon !!! it has already trended outta the bear wedge in the 15 mins chart, by the way ... just a thought !! regards, auto

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