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Strategies & Market Trends : Point & Figure - Beginners (Real Green) -- Ignore unavailable to you. Want to Upgrade?

To: wizzards wine who wrote (270)	4/15/1999 3:51:00 PM
From: Talib	Read Replies (1) \| Respond to of 322

I read to-day at Dorsey's site "Trading tip for the Day" which states "Always try to play the "main trend" of individual stocks. The main trend of a stock is when the stock is above its bullish support line and the relative strength chart is bullish. The main trend is down when the stock is below its bearish resistance line and the relative strength is bearish." Can the stock not be above Bullish support line and at the same time below Bearish resistance line ? TIA, Talib