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

To: Jerry Olson who wrote (13382)2/2/1999 9:03:00 AM
From: Ms. X  Read Replies (1) | Respond to of 34811
 
Hey Jer,
The only problem is the rally is so narrow you don't have many stocks carrying the Dow etc. In order for it to climb that high, those individual stocks will have to gas up the jets big time. Maybe they will, maybe they won't.

The DJIA has good support at 9100 but is making lower tops. A break of the support at 9100 could mean settling down around 8700 or somewhere in between.

Of course we are just box seat ticket holders and aren't actually playing the game - I think.

Jan I am



To: Jerry Olson who wrote (13382)2/2/1999 9:45:00 AM
From: Mr. BSL  Read Replies (1) | Respond to of 34811
 
Morning Jerry. We must be at some sort of turning point because we P&Frs are starting to predict the magnitude of the moves! Yeah, 8900 sounds better than 8250. Wake me up when the short term indicators turn back up.

Later,

Dick


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