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To: tcd who wrote (6985)8/15/2000 12:20:39 PM
From: tom pope  Read Replies (2) | Respond to of 34857
 
Gary Smith emphasizes break-outs, to the downside or the upside. All he's saying is that after such a decisive break out from congestion to the downside, the stock may (not will) continue its slide.
Basically what he's saying throughout the article is very simple - don't fight the tape