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Technology Stocks : Simple Technology - STEC

STEC 1.590

+65.6%

Dec 23 3:59 PM EST

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To: Rudy who started this subject	3/13/2002 9:46:02 AM
From: Rudy	of 36

A correction is due and would be healthy. STEC just moved up too fast. 28% in 5 days was an incredible move in any measure. I think a correction now would be healthy for this uptrend's continuation. With yesterday's market defying move, STEC shot up above its uptrend channel running somewhere between 6.5 and 8. So I expect it to pull back into the channel or at least to the upper edge, 8. This should happen on relatively low volume. I think a pullback towards 7-7.5 are on low volume would provide a good adding or entry opportunity. Good luck. Rudy.

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