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

To: Talib who wrote (275)	4/17/1999 9:06:00 AM
From: wizzards wine	Read Replies (1) \| Respond to of 322

Morning Talib, No your not going crazy here, some P&Fers use secondary lines to show other areas of support and resistance ... If you read the notation above the example, you'll see them described as bullish resistance lines of varying degrees....meaning that in principle, these are areas of upward resistance that must be taken out for the stock to go higher.... More advanced and sometimes confusing, but useful once one has the bacis down... Hope that helped... Later Preston