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Technology Stocks : Data Dimensions

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To: Ed who wrote (588)	4/11/1997 9:08:00 AM
From: Staff	of 4571

Ed - here is the another such panic driven post >>DDIM just touched its support around 19-20 @ 11:45. This also represents the retracement of 50%. If it holds, it probably will go up next 2-3 days. If it breaks, next support is around 17.<<<< What I gather is that if it holds - it will go up- if it does not - it will down. WOW....... Based on this data , I will go way out on a limb and predict ********* the market will do something ******************** Even this analysis has it's flaws technically First of all you look for a 62% retracement not 50%. 2nd you don't look at it based on a retracement after a split. Whatever- to close to the woods to see the tree's again :-)

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