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Strategies & Market Trends : Point and Figure Charting

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To: Jerry Olson who wrote (15114)3/7/1999 2:41:00 PM
From: Ms. X  Read Replies (1) of 34811
 
True. Look at July of last year. OPTI reversed up from 40% and then reversed down giving a sell signal, to the lows of September. This sets up for trades and makes long term difficult unless confirmed by the NYSE BP.
Last year the OPTI reversed up but the NYSE BP didn't.
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