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Technology Stocks : Data Dimensions
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To: Pete Mason who wrote (2788)8/20/1997 11:32:00 AM
From: TA Trader   of 4571
 
Pete, I wish I could sit down in front of some of you "good shorts" and discuss what is happenning at length. The tape doesn't lie, the trend is your friend. The best advice I can give and already have is that if DDIM closes above 33 on volume, DO NOT STAY SHORT THIS STOCK! I also wouldn't go long in here now until it closes above 33 or it pulls back on low volume.. We are getting a little extended and may still have to pull back a few points before we go through.
For STIFF only:
In PING PONG terms it goes like this:
PING - PONG, PING - PONG, PING - PONG
SLAM!
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