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Strategies & Market Trends : Dividend Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (128)	10/27/2001 4:02:38 AM
From: Smooth Drive	Read Replies (1) \| Respond to of 387

I'm watching MRK right here. It's paying 2.15 and it's right at the Bearish Resistance Line (BRRL). Those two double bottoms at 61 give the appearance of a bottoming for this stock. If it can break thru here and hit 70, it becomes very attractive. Nice stops at either 54 or 50, depending on one's risk tolerance. Vertical price objective of 88 -- but there's so much resistance at the 84 level that I would sell there if it made it. stockcharts.com Take care, Eric