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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

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To: j g cordes who wrote (25461)	3/4/2000 5:34:00 PM
From: Mike McFarland	Read Replies (1) of 68423

Thread: I would like to get a read on the shareprice action in SNAP last week: quote.yahoo.com To the untrained eye, this looks bearish, higher in the morning and a steady trend down each day. But can this sort of pattern be a signal that there is shinanigans taking place. I do not know why anybody would bother to sell SNAP, when by nose smells an attractive buyout target in Synaptic. If the chart gives you fellas a whiff of something different, I'd like to hear about it. Also, where would you set a stop loss for shares bought at $13. I have not done well getting stopped out in the past, might be better to hold for a couple years if I have to--and I am in a position that I could do that. Thanks!

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