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Strategies & Market Trends : Point and Figure Charting

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To: MileHigh who wrote (8647)	10/11/1998 7:19:00 PM
From: Ms. X	Read Replies (3) of 34816

Yes, you are correct. It then broke a triple bottom during the fall. When I said "at market" it was holding support. This is why I also said to watch the charts and not rely on me to keep up on each of the stocks. This was part of my very long disclaimer. When the market is as volatile as it has been, you have to be diligent with your charting. RMBS is still above the trend line and will be volatile. Breaking a triple bottom is a big sell signal. RMBS is for traders. I trade it and have it currently in a trade account but I'd still say "watch out" to those that aren't used to the kind of volatility that RMBS presents. Jan I am

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