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Strategies & Market Trends : Investor's Business Daily

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To: -Mad-Jon who wrote (76)	8/19/2000 8:52:32 PM
From: Rolla Coasta	Read Replies (2) of 164

The inviting ratings of IBD are backward-looking, and can be a dangerous trap Jon, you are right on it. Sometimes, good ratings really mean a sell signal. For me, it is not reliable. I would only buy on stocks having U-turn shape or breaking 52-week high. This chart looks interesting to me: clearstation.com It looks like SMRA is in accumulation phase, ready to break out ? Anyone has any opinion on this one ? The rating on SMRA is used to be good few weeks ago - A A A B I'm thinking about jumping in next week. Things look good for this stock. Regards, QP

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