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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (534)	10/11/2000 2:47:54 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 8925

Looking at the PnF Chart I suppose there should be some support between 27ish and 34 back from 1999 Then the real place for Support should definitely be from the 1997 through 1998 campaign, 16.50 through 22 or so. So in a way it may not be a bad place to initiate purchase. I just wonder how long it shall take to establish itself and reverse trend. That could take months or longer. So for a trader it may be a weak bet but for their accounts it's probably not a bad place for initial purchases. I guess, anyway. One has to rely on intuition once in awhile. "Intuition", now there is a good topic for trading. The discussion about switching from systems to Indicators to fewer Indicators I think left off something. That people who trade will over time develop a highly refined intuition. I think such intuition should be cultivated.