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Strategies & Market Trends : Chart Formations

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To: belker who wrote (147)	2/3/1999 10:26:00 PM
From: sean sanders	Read Replies (1) of 967

Bob, I should have posted this one yesterday when I saw it break down through the neck line (hmmm is it still called a neckline on the dbl top?) no idea ... anyways ... CRUS - One look at it should pretty much tell you what I'm going to say about it. Actually one thing though; I'd look for it to stop near 8 since you could draw a horizontal trend line across from the dbl bottom there (8/31 10/8) and that may provide some new support if CRUS decides to get that low. So let's look to see if it completes a dbl bottom for one and two let's see where it stops at (MM is at ~7 or a little lower, but that trend line from the dbl bottom is ~8). Oh let's also see if we have a flag in between the move down here. We have been moving down for a few days now; I assume we should have some profit takers in here soon. Obviously this isn't a message to buy or sell CRUS just to learn T.A. Sean

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