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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: StormRider who wrote (16513)	9/29/1998 12:56:00 PM
From: DanZ	Read Replies (1) of 53068

MCD. Ahmed, MCD is a tough call right now. It's in the middle of it's recent trading range and left a gap between 58 3/8 and 59 3/16 on the daily chart yesterday. It is also in the process of filling a gap between 61 1/2 and 60 3/4 that was left on Sep 10 on the way down. While the chart looks constructive, it has too much downside risk and not enough upside potential for me to get excited about buying it right now. Best of luck, Dan

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