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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (38028)5/6/2002 11:52:51 AM
From: AllansAlias  Respond to of 209892
 
Initially, PG would want to go to $79-$82 I think. We'll see what kind of structure we have when it gets that leg in.

Now, as you know there are many of us still favouring a run into the fall. It is hard to imagine PG wanting to cave while such a run is on. A real crack in PG would argue against any run into the fall. The bullish alternative is that PG breaks up out of this rise -- a VERY bullish hound signal. At this point, that's worth betting against.


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