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Strategies & Market Trends : Technical Analysis - Beginners

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To: Stephen Zodkoy who wrote (1868)1/10/1997 6:50:00 AM
From: SteelBlueIce   of 12039
 
Steve,

Thats great! Look at taking profits, monthly chart shows it likes to go up 2-3 points at a time and then rest. Excellent!

I understand why WPIC would make you uneasy, I have IFLO and ROW in similar situations. I think there's some more good left in them, we have to be patient, they may rest here for a few then resume.

EASI looks great here but REAL scary. It can easily take off from here or go down a point and a half before the pivot. Volume has dried up, good clue for when it decides to go.

What do you think about MSFT and INTC? 81 and 140 look like they could be the cheapest we could get.

Regards,
Jerry
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