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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (7315)	9/15/1998 7:51:00 PM
From: Jorj X Mckie	Read Replies (3) of 34810

Jan, A number of your posts and others on this thread seem to be spinning the current market condition in a positive light. Just to be the contrarian pissant that I am....... You mention that the DJIA will break a DT at 8050 (glass is half full). And I would say that we are at DT resistance, we closed off of the day's highs and the NYSEBP still didn't reverse back up (glass is half empty). Some might say that this would be a good opportunity to go short or buy puts.....(not me, really:) I know that your position will not change to positive until the NYSEBP chooses to give you a cheery indicator, but the tone sure sounds positive. Of course, y'all know that this post is probably the strongest bullish indicator that you could find. OT

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