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[sharechat] BCA Chart

From:	Phaedrus <Phaedrus@techemail.com>
Date:	Wed, 19 Jun 2002 16:07:44 -0700 (PDT)

Soo,
     BCA is currently in a downtrend, and has been for over six months. It 
continues to make new lows. The use of trend indicators would have kept you out 
of this stock while its price has halved.
 The trend indicators plotted below are :-
(1) A trendline.
(2) 30 day exponential moving average
(3) The Directional Movement Indicator
 It would be sensible to wait until at least one of these indicators signals a 
Buy, and prudent to wait until all three indicate a Buy. All three indicators 
have served well in the past with this stock.

     Regards,
                Phaedrus.

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