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Technology Stocks : Data Dimensions

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To: Craig Richards who wrote (624)4/15/1997 12:21:00 PM
From: TA Trader   of 4571
 
Craig, why don't you look up what EMU stands for and the current problem they have. That's some of the future. But you are missing the point here. I''m not saying that DDIM will continue to expand their revenues beyond l999 as I really don't care. My point is that the shorts are too early here and will get decimated before this stock is going to tank. Look at it this way. The Dow has just dropped 700 points and thousands of stocks have dropped as a result. Anyone who has been shorting DDIM during this decline has been killed. Ask STAFF, Warren and all the others probably including you! It's too early to be a long term short and your're seeing the results. I trade this stock both ways as my posts have stated but I'm carefully following the charts on a day to day basis. I said recently that the support would function at 19 1/2-20 and it did although the print low was 19 1/4 the support held. Near term, I would like to see some backing and filling and some pullback here to neutralize the still overbought condition. I then expect the stock to move still higher. I am not, as STAFF has said, just continuing to buy as he and others just continues to short. It's all a matter of timing!
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