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Strategies & Market Trends : Point and Figure Charting

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To: Augustus Gloop who wrote (13486)2/3/1999 1:16:00 PM
From: Ms. X  Read Replies (1) of 34811
 
You are correct. It may rally some from the support at 38 but then reverse again since it broke the trend line. Big breakdown today. All that support in the 43 to 45 range - gone.
RS probably took a hit.
33 is the bottom of the trading band too.
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