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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: BI*RI who wrote (17749)	11/13/1998 1:04:00 PM
From: dennis michael patterson	Read Replies (1) \| Respond to of 42787

Favors Update Jerry Favors Analysis - Friday, November 13, 1998 12:30 p.m. This message is actually being sent at 12:00 EST,so we can get all of our other updates on in time. At the highs today the Dow was up over 51 points. To this point no significant short term support levels have been broken. A decline below 8810 could be a problem this afternoon . Short term traders if the Dow falls below 8847.50 on a print basis this afternoon and then later in the day rises above the prior print high for the day go long with a stop 1 point below today's print low to that point. So far the print high is 8881.49 but if that level is exceeded prior to a decline below 8847 use whatever print high the Dow has reached to that point as your trigger. If the Dow fails to fall below 8847.50 on a print basis this afternoon then continue to use the same instructions we gave you last evening.