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Strategies & Market Trends : Point and Figure Charting

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To: Judy who wrote (3312)	6/1/1998 9:04:00 PM
From: Ms. X	Read Replies (2) of 34811

Hi Judy, I'm not sure what you mean by define but Dell was obviously in a trading range back in March and April, between 60 and 70. It broke a triple top and the rest is history. Since it had such a run up, that is the last area that we see support levels (other than the 73 area). I just did a vertical count on DELL and it gave me 56. The support seems to be in the 60ish area so I'll go on a limb here and say "I think DELL could hit 60ish." Are you still long Dell? There are going to be some great buying opportunities once all this turns around. I might even forgo buying new winter shoes for this shopping spree! LU I think will drop considerable. Not surprising the deaf ear with all this going on with the techicals. Good to know since LU is at the top of my shopping list whence this turns around. Ohh, ahh.

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