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Non-Tech : WWES...Shannon Briggs' heavyweight punch...:o)
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To: Lawrence Burg who wrote (54)7/13/1999 12:20:00 AM
From: Lawrence Burg  Read Replies (1) of 117
 
On a separate note, the TA looks worse now than it did when it first broke loose from $2.50. Actually, the first run to $3.50 was the peak of a trend started in late February, from $1.50 - 1.75. The run to $4.50 took place on weaker underlying statistics, and was part of a technical downturn.

The upside of course is that the price is still hovering around $2.50 with most indicators being overbought and quite near the bottom. We're $1 higher than the last time the trends turned up, so now it's just a matter of time before the cycle starts afresh. I'll be watching for a higher high on the fast oscillators...and of course the trades in the log.
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