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Strategies & Market Trends : Steve's Channelling Thread

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To: Logain Ablar who wrote (2268)6/10/2000 3:13:00 PM
From: Zeev Hed  Read Replies (1) of 30051
 
Tim, I am not sure about QLGC yt, it actually shows weaker strength than the rest of the NAZ, and I feel will be available in the high mid to high $40' within two weeks. I also noticed that you are down on MSTR, so I looked at it, and I am struck by the fact that the volume on the current breakout is 10 times normal volume and twice as heavy as it was on the big collapse after the accounting fiasco. It could be a healing stock after all. Careful with shorting it (I have a downside target of $39 to $43 on the coming down swing, but who knows).

Zeev
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