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Strategies & Market Trends : Point and Figure Charting

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To: Challo Jeregy who wrote (5146)7/28/1998 9:54:00 AM
From: Ms. X  Read Replies (2) of 34824
 
Hi Challo,
Eric gave you the list of lists already. I've taken a look at the SPX and it currently in X's reversing up from a 50% retracement off its high. The first sign of break down is at 1125, a double bottom break. Support at 1075. If it weren't for the fact that the market was so poopy, I'd say you could buy here with a stop of 1125. Well, you could if you wanted to but I'm not that brave :-)

Take care,

Jan I am
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