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Strategies & Market Trends : Point and Figure Charting

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To: james ball who wrote (6493)	8/29/1998 8:23:00 PM
From: chartseer	Read Replies (2) of 34811

Tom I read you loud and clear! Believe me I m a believer. Only I have to reap while the sunshines. Placed IBM puts at 130 couldn t wait for 122 with high premiums and short swing times. I was anticipating. DANGEROUS game I know but sometimes you just have to go with what you know is going to happen. All indications were leading to a break down of the dow stocks. Correction? Bear market? I don t know. Could not just stand by and watch and wait for NYSEBP reversal. Begining to think NYSEBP is going to go to a new record low. But then what do I know. Until I read and reread your book I didn t even know there was a NYSEBP index. Of course I could be wrong but I believe all support areas on downside will become resistance on the upside. Keep on keeping us informed,we appreciate the informatiom and wisdom. Thank you Chartseer

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