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Technology Stocks : Data Dimensions

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To: sheldon spivak who wrote (1368)5/16/1997 11:51:00 AM
From: craig crawford   of 4571
 
I guess I could be considered an 'other long'.

Remember I sold last Friday at 29 1/8. Obviously not at the top but it doesn't look so bad now.
I am still bullish on this stock until the market shows me otherwise. This is a normal correction and should be used by shorters to exit positions. You can always re-establish later.

This stock is still well above it's 20 DMA (around $25) 50 DMA (around $22) and it's 200 DMA (about $14). I think that it could fall to as low as it's 50 day and still be considered to be acting well. Remember it hasn't been below it's 50 DMA in about six months. I will probably buy some around $25-26, and if it heads down to $22 I will double down. If it then pierces this (highly unlikely in my mind) I will dump it on any rally.
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