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Strategies & Market Trends : Tech Stock Options
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To: Compadre who wrote (55457)10/14/1998 2:19:00 PM
From: donald sew  Read Replies (1) of 58727
 
Jaime,

>>>>>>>> The short term trend line was broken on Monday. Today it is broken for the second time. I think the next major resistance is the 50 day EMA (8131). <<<<<<<<

Your 8131 figure coincides with my 8084 + 50 = 8134. My basic rule of thumb is that I want to see a break of 50 DOW points above a resistance line (8084), to say it is convincing.

Seeya
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