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RE: [RT] John Murphy notes: the market isn't "cheap"



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<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'>Perhaps,
you can see the H&S more clearly in this chart.

<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'> 

<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'>E

<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'> 

<font size=2 color=black
face=Tahoma>-----Original
Message-----
From: Joe Duffy
[mailto:joeduffy@xxxxxxxxx]
Sent: Tuesday, July 16, 2002 1:20
AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: Re: [RT] John Murphy
notes: the market isn't "cheap"

<span
style='font-size:12.0pt'> 

<font size=3 color=black
face=Arial>Its a
damn poor example of a head and shoulders. If you were defining shoulders for a
computer test, this wouldn't cut it, else every up and down swing could be
defined as a H&S. You gotta squint to see the shoulders.  <font
color=black>



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