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Strategies & Market Trends : Point and Figure Charting

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To: Bwe who wrote (8960)	10/23/1998 1:39:00 PM
From: Judy	Read Replies (1) of 34809

Good morning, Bruce I don't believe I have seen the ClearStation Website, would you post the link? Market has been dynamic with fundamental changes falling into place the last two weeks. As for GPS, I posted it was a positional short on Last Shadow's thread, from 60ish to low 40's. After earnings and retail numbers came out, I reassessed the data and said that GPS was no longer a positional short, but that it should trade with the market. Since then I have not revisited the sector nor the stock. My sense is that GPS is at a pivotal interval as is the retail sector. Discretionary spending will be slowing, hence aggressive eps may not be sustained, yet the fear of recession is gone for now. Since earnings, I have reversed my stance on both EMC and PFE, I am bullish now. As for QCOM, I hope you're on board.

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