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Strategies & Market Trends : Waiting for the big Kahuna

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To: P.Prazeres who wrote (22934)8/1/1998 12:20:00 PM
From: Thomas C (Hijacked)  Read Replies (2) of 94695
 
Pprazeres your probably right about the bounce off of 200 DMA. I was kinda thinking the same thing earlier. And as far as the BK I think the area around 4700-5000 represents support from a long trendline all the way back to 1985 or so. In 1929 the market bounced off that same long term trendline...
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