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Gold/Mining/Energy : Nuvo Research Inc

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To: Mark Bartlett who wrote (4134)4/16/2000 10:06:00 AM
From: DaveAu  Read Replies (1) of 14101
 
Wolf, Mark

I was just kidding about the charts looking good. XW followed by a backwards D is DMX upside down.

I really don't think it's worth guessing where the bottom is. I think next week's action will have less to do with the company than with how much more margin there is to unwind out there and how many mutual funds are being swamped with redemptions and switches out of tech. Looking a year out, I'm pretty sure that buying at the current price will give someone the opportunity to double their money somewhere along the way. If I was going to buy though, I would put in a series of limit orders at successively lower prices to try and pick up some of the forced selling. I'm doing this with another stock I hold. I can't do it with more due to limited cash. I'm not buying more DMX because I've decided that it is too large a percentage of my portfolio.

Dave
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