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Strategies & Market Trends : Trend Setters and Range Riders

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To: Connor26 who wrote (586)12/21/2000 4:55:28 PM
From: Susan G  Read Replies (2) of 5732
 
Hey Connor...

Sometimes those milk cows get very frisky...and run like hell across the pasture LOLOL Those are the times I have the best fun being long - watching the shorts scramble to cover <g>

Glad it worked out for the best for you though, you got near the high! It was very strong today every time I peeked.

I rarely let the guru posts affect my judgement, as they are usually biased...their post often reflect their current position and the guru status causes others to play follow the leader...I follow my own instincts, as you know well LOL.

I am currently long from 57 yesterday and didn't even trade it today as I had elderly relatives stop by UNEXPECTEDLY to see me today. After staying all day I finally got rid of them, sending them off to another relatives with a box of cookies for the road <g>

Looking at a candlestick 5 minute chart, you'll see how BEAS was a perfect short right after 1:30 at the double dojis. Or fojis as we call them in the room <gggg>

I did pick up a few longs at the close though, bottom fishing... : )

Thought you might like to know a trade went through for BEAS after hours at 60 1/2, for 1,065,000 shares.

And... IBD put BEAS at #7 on the list of top companies being accumulated by mutual funds right now - accumulation by funds up +106 since the last period.

The rest of the list, in order:
MXIM, LLTC, SNMA, WAT, LNCR, CMVT, BEAS, FLEX, CAM, INTU.
None of the other companies listed had an increase since last period of more than 66%.
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