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Strategies & Market Trends : Point and Figure Charting

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To: wizzards wine who wrote (13254)	1/29/1999 11:54:00 PM
From: Paul V.	Read Replies (1) of 34811

Preston, Duke60 and Jan, Just a comfirmation. AMAT during the first of January had a pole run up "X" from $42 to $57 followed by a pullback of "0's" to $50. The immediate column of "x's" following the pull back was nine boxes (9x3=$27). Add the $27 to the low of $50 I get $77. Do you confirm my calculation? I was able to call the $64 projection off the AMAT low of $22. DW method appears to be right on, so far. Your thoughts are appreciated. Paul

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