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To: Cynic 2005 who wrote (20091)2/17/1999 3:08:00 PM
From: Mike da bear  Respond to of 86076
 
Holy cow! This is now serious, POS is down
to 63 3/4. It hasn't been this low since way
back in January of 99! Time to back up the truck :)

mdb



To: Cynic 2005 who wrote (20091)2/17/1999 3:13:00 PM
From: Defrocked  Read Replies (2) | Respond to of 86076
 
On occasion but not often. Guess by
definition one could call them inflection
points or key trading areas. When new
information hits the market, trading can
cascade through these prices. In essence,
technicians try to measure these areas and
susceptibility to directional changes. Sometimes
the pit "feels" out these regions by "pushing"
prices higher or lower, usually on light trading
days however.

I think this is a key area but I've been wrong before.