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Technology Stocks : C-Cube
CUBE 37.68+1.7%Jan 9 9:30 AM EST

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To: robt justine who wrote (15055)5/4/1997 10:07:00 PM
From: Ed's Head   of 50808
 
robt justine: I also believe in Fundamental's, Fundamental's are indeed important. However the fundamental's in a company change from time to time. It is during these changes that one must expect volatility, or price fluctuations in the underlying security. As I have stated here before I don't advocate that the investors here make decisions based on my post. I've also tried to make it clear that I am one who believes in history. So then if I believe in history then my charts can suggest area's of support, and resistance provided the fundamentals are in tact for the expected direction of price
movement. For example: The fundamentals are in place for upward
movement in Cube, and the DVD market. The charts simply suggest
where the likely price movement will find resistance based on prior
resistance. So then currently if fundamentals are in tact, which they are at this point I would expect a test of the 38 area sometime this quarter. I have found it uncanny how often history has worked for me.

We as investors are continually trying to second guess the markets, and the fundamental direction of the stocks we own. If we aren't doing this then shame on us. Gawking at the charts doesn't seem foolish to me. I see nothing wrong with using history, along with fundamentals to try and make a rational decision based on the above!

good luck c-ya!
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