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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Christopher who wrote (5543)3/29/1998 10:42:00 PM
From: Meredith Cullen  Read Replies (1) of 7396
 
Chris,

If I my add to what Mark stated. If a stock has dropped in price, people have a tendency to sell when the stock returns to their buy price; they are relieved to get out without a loss. This effect slows the stocks accent and is called overhead resistance.

Meredith
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