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Strategies & Market Trends : Three Amigos Stock Thread
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To: Sergio H who wrote (15928)6/19/1999 11:00:00 PM
From: Ken W  Read Replies (1) of 29382
 
Sergio,

"SORC up nearly 100%"

Yes, the trick is being patient. SORC has had a heck of a run since first being brought here. The stock now appears to have some profit taking downside to it. 16 has become a resistance spot with 15 light support level. 13 next down. 12 of course is the stongest support from the range break out between 10 and 12. A real good trader would be short SORC for 10 to 15% downside....;-)

Ken
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