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Strategies & Market Trends : Point and Figure Charting

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To: Al Serrao who wrote (11827)	12/22/1998 1:24:00 PM
From: Bwe	Read Replies (3) of 34820

Good call on RMBS, Al. Yes, I agree, the Triple Top break at $104 probably indicates the stock has shaken off the aftereffects of the HPT. I view the move to $104 as a Triple Top buy signal, and thus, a stronger signal than if it were a double top. Be careful of an immediate pullback to $99 as that would be a Bull Trap. Bull Traps are quite bearish near all time highs in particular. All else looks good with the stock. The RS is bullish and in X's. Happy holiday to you and your family. Bruce

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