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Strategies & Market Trends : Point and Figure Charting

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To: Backfill who wrote (4411)7/4/1998 12:42:00 PM
From: wizzards wine  Read Replies (1) of 34812
 
Jeff, I'm confused??? DELL at 84???

The last part of the chart should
look like this and end in a column
of O's...
if it reverses into x's
a high for the day of 96
< would give a double top buy
95 x x
94 x o x o
93 x o x o
92 x o x o
91 x < a move to here would
90 x be given by a low of
89 x day being 90 even and
88 x give a double bottom
87 x sell
86 x
85 x

and it should definately not be
in a row of x's on the right column.

Preston
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