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

To: Dana Johnson who wrote (19186)	4/28/1999 11:08:00 AM
From: Ms. X	Read Replies (1) \| Respond to of 34824

Determining sell decisions can be changed with the market indicators. For instance, if the sector is negative and the market is negative you may have harder stops then with the opposite. I do not think your decision was wrong and I like that you held on to some shares. With support so close after the break of the BSL, you could have used that as your guide as well as the market direction. Often times stocks will break major negative patterns and then bounce back. Sometimes they crash. If the break is more than one box with no support in sight, you probably want to sell on that signal. If the break is more than one box right to decent support, you may want to wait for a bounce. See?