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

To: Ms. X who wrote (16695)	4/4/1999 1:55:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 34811

Welcome Back Jan... With all the optimism about an up day on Monday it wouldn't surprise me if the Market pulls a switcheroo... There are too many negative breadth indicators continuing along their negative merry way to support anything more than a bounce... For two days in a row the New Lows to New Highs ratio was greater than 3:1... decisionpoint.com The S&P is re-testing an Ascending Triangle breakout... decisionpoint.com The direction the S&P takes in the next few days will be significant... If the S&P retreats, capital preservation would be more important than trying to grab an extra percentage or two near a top... Jim