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: Doug R who wrote (11186)	1/24/1998 12:14:00 AM
From: Hank	Read Replies (1) of 79186

Doug, Here's a short from yours truely- SGY. I've followed this stock for over a year now and it is as predictable as the day is long. It moves in accordance with oil prices but has not responded yet to the current drop in oil. Another wash out in oil will send this one back to the $25-$27 range. After that, it will be a strong long back to the mid 30's when the predictable "oil shock" sets in. See if I am not right. This has been one of my best traders in the last year and I am short at $32. Hank

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