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Strategies & Market Trends : Point and Figure Charting

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To: kevin sturgeon who wrote (20229)	5/21/1999 1:11:00 PM
From: Judy	Read Replies (1) of 34811

Kevin, whatever technical methods you employ to enhance trading or investing, it is important to confirm whether fundamentals have changed at key technical levels. ATHM's momentum went negative when it violated its 13-day ema at 149+ and flashed danger signals on violation of the 50-day ema at 142+. I think you may find that violation of the 50-day ema occurred with AOL announced going with dsl as its broadband strategy in direct competition with ATHM. The 125 level that Tom posted to you corresponds with the 100-day ema, which I use to screen for potential fundamental shorts.

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