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Strategies & Market Trends : The Amateur Traders Corner

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To: Paul A who wrote (282)	8/15/2000 12:40:44 AM
From: Jon Khymn	of 19633

Busy huh? Profitable one I suppose... I've been mostly watching from the side line past few days. 90% cash, still holding just little bit of SSTI, ASTX & CTXS in trading account. No shorts. What do you make of the EXDS chart? For 3 months ahead, it looks bullish. Especially if EXDS breaks 61, I think we'll see 70. For 3 months play - hold till 70s But for the short term trade (a week or less), I would go short at 60 (with stop at61 1/2). I think odds are better than 50% that EXDS will retreat from 60 to 55s before move up again. Just my 2 cents. WTFDIK.

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