The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Jan Robert Wolansky who wrote (979)	8/3/1997 5:08:00 PM
From: Doug R	of 79308

Jan, Since yours is the 2nd request for BBY, I bumped it up. It's in a very tricky area right now. I'd like to see it get over 13 1/2 before I would say it's going to go anywhere. Also, 15 is about all that it could muster on a move now. It's approaching intermediate term support so that's why it's looking ready to go. I really wouldn't say that the long-term downtrend is done yet. When it is done, there will be plenty of time to get in since there is an eventual return to the 20's likely. The technicals are showing that BBY is being approached with caution by most but interest is definitely there. Doug R

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