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To: Mr. Tomatohead who wrote (7887)8/3/1999 9:03:00 PM
From: fut_trade  Respond to of 13953
 
"have reasoning behind your claims"

The trend is still down. The momentum is still down. The price needs to stabilize and stop making lower lows. Given the duration of the present down trend (current price is well below the 52-week high), I'd wait until the chart makes a nice rounded bottom and shows the beginning of an uptrend. It may take weeks for this to happen.