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Strategies & Market Trends : Three Amigos Stock Thread

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To: DaringDon who wrote (19813)	5/7/2000 4:53:00 PM
From: Sergio H	Read Replies (1) of 29382

Daring Don, you might have noticed that in the last 3 months NAMC has had a range of from under 4 to over 9. Believe it or not, the stock has traded and people have made and lost money. The pattern that I am referring to on NAMC is a trinangulation formed by the convergence of long term as well as short term MAs. 207.61.23.98 This pattern usually leads to a breakdown or a breakout. I am not adept enough to predict which will be the outcome here, but....(and here's the bonus Daring Don since you astutely pointed to the lack of volume as a concern) a breakout or breakdown will be accompanied by an increase in volume. Sergio

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