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Strategies & Market Trends : Point and Figure Charting

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To: james ball who wrote (15085)	3/6/1999 7:13:00 PM
From: The Perfect Hedge	Read Replies (2) of 34816

Tom- I'm a little confused.You say the 10 week reversed up and we are on a buy short term because the big indicator(NYBP) hasn't reversed up.I got that.What I don't get is the reference to July.What happened then that is similar to now?If the 10 reverses back down do you think the NYBP will break 30% on the downside?I know that was the original thought when it reversed down a short time ago but this recent wave of buying has changed the course.......... B*

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