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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: marginmike who wrote (1116)10/28/1999 3:14:00 PM
From: J.T.  Read Replies (1) of 19219
 
marginmike, I think you are right on. I would like to see this stock hold this 20 1/4 support on two more consecutive closes. I think if it breaks 20, she is going to run down to 17 1/2 intraday where you can pick it up real cheap for buy and hold long term.

However, in light of this broad market, and very overbought levels, I would not try to bottom fish this one just yet.

Best Regards, J.T.
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