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Strategies & Market Trends : Point and Figure Charting

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To: Lyn Benson who wrote (16350)	3/25/1999 3:07:00 PM
From: wizzards wine	Read Replies (1) of 34809

Hi Lyn, in looking at MMPT you've got the right idea...40 would be a DBS and a good trading stop, as the long term trend line is down below the TBS at 30... Yet it all depends on your plan when you entered...The run from 35 to 48 was a 37% gain and in this market, one could easily have taken a 1/3 of the position off of the table at that time...really depends on your plan.... Hope that helps, Later Preston

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