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Strategies & Market Trends : Automatic

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To: ken-l who wrote (434)8/15/2001 9:35:13 PM
From: ken-l  Read Replies (1) of 470
 
AT, bob, niteowl

compx broke its bear flag and along broke the rectangle .. and yea it looks pretty bad !!! anyway .. short term is at the over sold; a rebound should be expected, imo !!!!

now, keep an eye on the supports @1915, 1900, 1890, 1880, 1862**, and 1843 !!!! pay a close attn to the 1862+/-; suspect that it would be the worst case scenario if the drop is swift and quik !!!

should it rebound, keep an eye on the key resistance between 1943-1947 !!! if broken, it ought to test the august 2nd down trend line @1967+/- next !!!

just an observation !!!

regards,

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