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Politics : High Tolerance Plasticity

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To: Sweet Ol who wrote (12513)2/19/2002 3:54:51 PM
From: chowder  Read Replies (1) of 23153
 
John, you are correct about the falling trading channel. I took that into consideration when I took my position.

The stock is showing a classic head and shoulder pattern with strong support at $35. Support that has held nicely even on a retest.

That hollow red candle is also known as a thrusting line, if I recall my stix correctly. A thrusting line serves as a booster rocket to send the price higher.

KKD is up strong today in the face of a horrendous market performance. It also looks like it is closing on strength and above the 10 dma. All very bullish!

Nothing is guaranteed here, hence my call to bail on a close under $35.

dabum
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