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To: jjs_ynot who wrote (6433)10/15/1998 11:12:00 AM
From: donald sew  Respond to of 44573
 
Dave,

I use a rule of thumb that a reversal should be at least 50% of the upswing. The last upspwing was 714 points (7468-8084), so 50% would put it at 7776.

Seeya