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Strategies & Market Trends : Steve's Channelling Thread

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To: Bosco who wrote (7018)	11/1/2000 10:32:17 AM
From: Logain Ablar	Read Replies (1) of 30051

Hi Bosco: On RMBS just remember most stocks have a tendency to trade lower between 11 and 2. If they don't it shows the underlying strength / accumulation. On BVSN - still holding. Not sure how I'm going to play the S&P 500 inclusion this week (I may sell out @ the eod Friday) but next resistance is @ $34 and $41. If it is able to print $35 on volume I may hold past this week. Closing above $35 for two days would be quite positive. On SSTI - It needs a print of $25 to go from neutral to positive. Yesterday's actions only partially healed technical damage. Need to see how money flows into market late this afternoon. Tim

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