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[sharechat] TLS Chart

From:	Phaedrus <Phaedrus@techemail.com>
Date:	Thu, 22 May 2003 02:25:53 -0700 (PDT)

W69,
    Three and a half years of downtrend so far, and still a few cents below the 
trendline. There has been a good rally over the last two months, and it is 
tempting to buy in anticipation of an apparently imminent trendline break. But 
look at how many similar rallies in the past could have lured you into buying 
prematurely. 
 This stock provides an excellent refutation of the argument that the use of 
technical analysis inevitably leads to overtrading.
                     Phaedrus.

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