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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: excardog who wrote (6615)	2/12/2002 8:23:04 AM
From: chowder	Read Replies (1) of 206266

Cardog, SII is overbought on both the weekly and daily charts. The stock is also coming up against resistance with a double top. This usually indicates a reversal is due, caused by some profit taking. Volume was decent yesterday. The stock can stay overbought if the volume continues to rise. If the volume drops off, the profit taking will probably begin. If the stock rises on double the average volume, you'll have a break out. So as you can see, SII is at a crossroad. The next day or two should indicate where it wants to go. dabum

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