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Strategies & Market Trends : Point and Figure Charting

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To: chartseer who wrote (6283)	8/24/1998 7:57:00 PM
From: wizzards wine	Read Replies (1) of 34811

Ha I agree that the DJIA is on a sell, and I for one think that it will go even lower...there's support at 8350 and then it's a long way down to 7750.... If it breaks down for the low of the day to 8250, that will give us a sell signal for the DJIA and then I'd be looking for IBM to perhaps follow... One of the things I've learned the hard way with P&F is that we let the trades and indicators come to us and we do not second guess them, or try to time them.... I do not always agree, but on the average P&F wins and I lose should I not follow... Just My Opinion Later Preston

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