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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ken W who wrote (29025)	9/17/2002 4:50:02 PM
From: LAWRENCE C.	Read Replies (1) of 29382

Ken, look at a 3 month chart. SEBL tried to break through the 10 day EMA of 8.35 today and failed. SEBL has been under distribution. It ended up down -.03. It had another distribution day today with above average volume. There is a falling wedge with about the 8.00 support band as the bottom line. There isn't any recent support below the 8.00 support band. The question is will the 8.00 support band hold or crumble. LC

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