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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: P. Ramamoorthy who wrote (399)	2/5/1998 1:17:00 PM
From: Jerry Olson	Respond to of 34813

HI Ram I haven't looked at it yet...just reporting what I read... BTW they just downgraded MU, from a buy to an AVOID!!!!!! Some profit taking in the semis...look out!!! take profits yourself... I like ABF here, great eps and 2-1 stock split!!!!

To: P. Ramamoorthy who wrote (399)	2/5/1998 9:38:00 PM
From: Ms. X	Read Replies (1) \| Respond to of 34813

Hi Ram, SEBL, has been on a big run up. Looks like it has pulled back some. The relative strength is good, positive and on a buy signal. The daily momentum flipped to negative which doesn't concern me too much. Weekly is still positive. It is trading above the bullish support line. Your stop would be 36 a double bottom break a violation of the bullish support line. Sorry about the Dorsey report thing. His reports are reserved for his clients the brokerage houses, brokers and exchanges. I do report here on this thread, with Dorseys permission, any important changes in the market. All the best, Jan