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Strategies & Market Trends : Three Amigos Stock Thread

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To: LAWRENCE C. who wrote (29057)	9/20/2002 11:36:33 PM
From: Ken W	Read Replies (2) of 29382

Larry "I covered SEBL too soon" I don't think you made a mistake at all Larry. As a trader you must finish the week flat on your trading stocks. Traders very seldom hold a trade stock thru an entire week, long or short. With SEBL finishing the week at 7.00 the downtrend is still in tact. Nothing says you can't re short the stock mid week next week, closer to 7.90's, ride it down for another week and finish flat again. On another front CDIC is on a weekly trend rise from 2.23, 2.33, 2.78 and 3.00 this week. Swing trade target is 4.25 within the next 60 days. Longer term target is a test of the old highs in the 7's. BLTI looks good at 4.00 support IRTI announced earnings date with 1+ eps...this should easily go to 20, 21 from here. Ken

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