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Strategies & Market Trends : MDA - Market Direction Analysis

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Dec 18 4:00 PM EST

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To: HairBall who wrote (1164)	12/10/1998 10:35:00 AM
From: John Sacz	Read Replies (1) of 99985

More on H & S DJ30 top: Edwards & Magee require a 2% break of the neck line, to the down side, to complete the formation. That's at the 8700 area, a level that has been mentioned as a critical area by Don and others. It's also a 38% retracement of the latest up leg. If the H&S is confirmed, the price target according to Edwards & Magee is in the 8000 area. Sacz

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