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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: JeffA who wrote (34103)4/29/1999 8:24:00 AM
From: Samuel Wayne Turner   of 90042
 
I pointed out yesterday morning Cs might be a play and it was. However, it is nearing its 10 1/2-11 resistance level and might tank down or could run up again today. The key lately has been the buying by the fund managers as evidenced yesterday. If they come piling in again today, cs will of course, head up.
Watching cs today should reveal that, and if it moves up from here, this one might finally be leaving the station. I would advise close watching if you enter and be ready to bail if it stalls out. Good Luck to those bold enough to try it( I bought another 1500 shares yesterday at 10 and will bail on those if we start south).
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