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: Sergio H who wrote (6479)	10/27/1997 11:43:00 PM
From: Instock	Read Replies (2) of 79273

Sergio: Just got done watching both the Nightly business report and CNBC Special Report. No flight to Gold. Thats good! Most Currencies have stabilized. All Markets are still down big, although the Hong Kong exchange has moved up a bit off its low for the day. Hong Kong is in their Lunch break right now. Most people they are interviewing are saying that this is going to be a short term correction. Many point to the fact that it hit hard and fast, as accually being good. Some have mentioned the short covering giving the US markets a lift. Most agree the US Markets will open moving down but some, if not most, expect an interday recovery. Some of the so called experts are already talking about the many good bargin buys out their. They just menetioned that Hong Kong has recovered a bit just before the Lunch timeclose but will reopen in about 15 mins . Looks like we are going to have even lower T Bonds and Bill rates. Instock PS: Lets go with the Pick of the week. Its a good long term hold like all our picks.

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