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Non-Tech : Invest / LTD
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To: drsvelte who wrote (8974)6/15/1999 11:09:00 PM
From: Thean   of 14427
 
JBL's supports are 41-42, 37-38, then 30. I think a better strategy is to set a buy stop after the initial drop. I doubt it will open below 41. But if it does, setting a trailing buy stop would be good as an intraday reversal is very likely. But I would hold it a day at most because it is going to be stuck here below $50 for a while.
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