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Strategies & Market Trends : Contrarian Investing

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To: Glenn Petersen who wrote (1255)4/26/2007 8:34:03 PM
From: pcyhuang   of 4080
 
Re: SMMX

Genn:

I think SMMX is reaching a cyclical bottom in the $10-12 range. Based on RSI and % Williams on this 5 yr. weekly chart, I think you are quite right in accumulating SMMX as a contrarian investment.

stockcharts.com

pcyhuang
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