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Subject: Trade note this is paraboic failure point within ERG's sharetrend--where you sell shorts and then rebuy


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today is the 28/7/03
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Date Posted: 27/07/03 1:11:09pm
In reply to: http://www.bayarea.com/mld/cctimes/6372664.htm 's message, "Posted on Thu, Jul. 24, 2003 Translink--San Francisco" on 25/07/03 3:13:11am


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A technical analysis term for two successive rises to the same price level. On a chart, this looks something like an M. The particular price level where the double top occurs is considered a resistancelevel for the stock, because technical analysts believe that the stock is having difficulty rising above that level. opposite of double bottom.108 has been one area recently--28/727/07/03 2:13:30pm


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