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Strategies & Market Trends : Point and Figure Charting

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To: Mr. BSL who wrote (7508)	9/21/1998 9:09:00 AM
From: Jay Scott	Read Replies (2) of 34811

To the thread: Tape will create a good excuse for the charts to drop to support. The DJIA needs an excuse to settle back to 7600 plus, and it would be healthy for the other indexes, too. If it happens this morning, it just creates another opportunity to buy this rally a little cheaper. Personally, I don't care what reason the talking heads give for the chart to fill in: Clinton video, Japan bank reform failure.....take your pick, it really doesn't matter. Buckle up those chin straps and buy the reversal up from the bottom! JS

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