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To: Sam Scrutchins who wrote (7070)11/3/1997 7:10:00 PM
From: James L. Fleckenstein  Read Replies (5) | Respond to of 10836
 
Basic question regarding "support levels": I see this term kicked around alot and it seems to me that it is loosely used. I am not criticizing you or anybody just would like to learn how people actually calculate support and resistance or do people just look at a graph and sort of guesstimate where lots of people jumped on or off the stock? Thanks.