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

To: Ms. X who wrote (401)	2/5/1998 1:29:00 PM
From: P. Ramamoorthy	Read Replies (1) \| Respond to of 34813

Jan - need help in understanding the terminology used. >> Here goes: "Buy GLM at $26 stop order. In other words buy at $26 breakout. Let the oil guys know the play is $26. T" What that means is. At 26 the stock breaks a triple top and moves through its bearish resistance line. He means 26, not 25 7/8 or 25 15/16. Need to see it can break resistance. << Does it mean "buy at limit price of 26" or use a stop order at 26 after you buy it a price above 26? Checking GLM. Interesting ideas! Ram