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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Winegrower who wrote (8762)	5/21/1998 11:13:00 AM
From: Chris	Read Replies (1) of 42787

hi john: continue with the kmart buy stop special (hehe). i would raise my buy stop to 19.50 just to be safe. mrk still on weekly sell. right now mrk has made a good pop. again, that pop to me was a "small one blip" and i wouldn't have gone for it. even though a "sharp trader" could easy make money on that pop. but i dont trade until the weekly buy is on.. furthermore, MRK is hampered by the 50 day ema resistance.. plot it yourself and see it.. select 50 day EXPONENTIAL MOVING AVERAGE cbs.marketwatch.com

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