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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum
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To: tennessee_ted who wrote (4209)2/8/2001 11:22:59 PM
From: Jenna  Read Replies (1) of 6445
 
AETH yes its pretty dismal.. and right at 28 1/2 is the 52 week low, which will probably send it bouncing back to the 32 or 33. At this point its looking like another one of the group we short on rallies. It doesn't pay really to short AETH any more just yet. Compare for example with MLNM, MLNM is a stage further away, MLNM will have its double bottom brakout right here at 41, now from there is some support at 39 1/2 and than free fall to 23 3/4 the 52 week low, a nice size short. HGSI.. for example also will have its double bottom at 50, than the move than the 45 9/16 the 3 month low and nothing until 25, the 52 week low. So the beef is still there but AETH was short basically from 50ish and now at 30 5/8 we got the beef. Maybe AETH will move up a bit, its just too soon to tell. AETH had 3 days of that volume you mentioned.
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