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Strategies & Market Trends : Point and Figure Charting

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To: Sam Quentin who wrote (304)	2/3/1998 10:53:00 AM
From: Ms. X	Read Replies (3) of 34816

SFSK-Safeskin Stock looks very strong. Trading above its bullish support line, RS is on a buy signal and in a column of X's, Daily/weekly/monthly momentums are positive. Stock is at an all time high. I see support at 51/52. If buying and a short term trader use 50 as the stop. If long, can give room to 44 which would be violation of the of the bullish support line. Since at an all time high it would be beneficial to buy on a pullback. Jan

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