Hauppauge Digital, Inc. (HAUP) Message Board

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Technology Stocks : Hauppauge Digital, Inc. (HAUP)

HAUP 0.0139

+13.5%

Oct 21 2:34 PM EST

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To: RKHIII who wrote (141)	3/27/2004 10:57:09 AM
From: Zeev Hed	of 385

Life is iffy, that is why a buy on a breach of $8 will probably be implemented. The nature of the beast is that $8 is a real tough barrier and so I expect it to trade between $5.5 and $8, it could even drop as low as $5.15 or so. On I-hub I suggested new entrant have their stop just under $5 on a closing basis, all these newcomers came in between $3.70 and $4.15 (some old timers kept it from $1, but I have done few "trips", even leaving some on the table prior to my last entry...). If one trades and can identify a valid "box", particularly a box that is more than 10% from top to bottom, it does not make sense not to play it... When the RSI gets to the 75% level, usually some retrenchment will follow. I noticed some are shorting here, that is quite fine, but a stop on a breach of $8 is absolutely necessary, IMTO. Usually, I suggest to my cyberfriends on the dark side no to short snorters, and HAUP is rapidly coming into that class.

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