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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (657)	2/14/1998 4:41:00 PM
From: wizzards wine	Read Replies (1) of 34818

Hi Jan, Would you look at SUNW again? Tom's defination of a "Bullish Signal Reversal" is a patterrn of seven columns of rising bottoms and tops- then when the last top is made in the seventh column, the stock reverses to give a Double Bottom sell signal. Page 59. "PaineWebber put SUNW on HOLD" on friday afternoon. His bear trap says that after a long period of decline and is trading at a level where it has found a bottom in the past. Page 62. This sure looks more like a "Bullish Signal Reversal" , especially considering Tom's comment about insider knowledge, ie perhaps PW sold their position before issueing the HOLD. Just my thoughts, another look by the expert would make this humble learner feel better. Thanks Preston

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