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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (69942)	3/29/2003 4:06:40 PM
From: Henry J Costanzo	Read Replies (2) of 209892

Your buddy RIMM.....Agree it's looking pretty good, but not sure I completely share your enthusiasm. Lots of stocks out there with similar and very much stronger short interest , and RIMM running into heavy resistance area from here to 16/17........ .Taken a look at WDC lately?? Short and long-term charts much better than RIMM, short interest position about the same (relatively) as RIMM. As for overhead resistance, WDC been eating up resistance at 8/9 for a long time, and now looks ready -with heavy volume breakout - for a run to next R levels at around 19/20 ...(As you might expect,....vbg...I'm long).......Take a look.........would be very interested to have your take on it..

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