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


To: Sam Quentin who wrote (416)2/5/1998 10:08:00 PM
From: Ms. X  Respond to of 34824
 
Hi Sam,
This is what we call a pullback. It hasn't even pulled back to its last highs before this run up. I see no concern here. Still above bullish support and RS is still great. Keep an eye on it and there may be a good buy in point. I'd like to see 35. If a short term trader 28 would be the very first stop a double bottom break. For longer term the stop would be 22 violation of the bullish support line. Make sure the FA didn't change.

Good luck,

Jan