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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Cornstock who wrote (11093)	1/22/1998 1:14:00 PM
From: Doug R	Respond to of 79284

Peg, The reason I mentioned that date is because 3 trend lines intersect there. Stocks, for some reason, tend to seek out such intersections. I can't say for sure but SRCM will probably hit 11 3/8 on that day so you may have until then to make a decision. One reason to wait would be that if it is above 11 3/8 just before that day and uses 11 3/8 as support, it has a good chance to fly. If it is below 11 3/8 just before that day and sees 11 3/8 as resistance it has a good chance of crashing. So....yes, I'd say you were a tad early but you got the right price! Doug R