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Strategies & Market Trends : Charts for Quick CASH $$$

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To: scaram(o)uche who wrote (4060)10/8/1997 10:27:00 PM
From: Galirayo   of 9262
 
[ CNCT ] Hi, Rick.

That's OK that the list pulled nada Biotechs. The ones that were pulled in the last 30 days are still in play.

I looked at CNSI today. I was shocked to see it where it is.
Also did you catch the NSIX news today?

CNCT ... I'd count it as the 1st bottom. Now I'd look for the 2nd one. Those downward Moving Averages are more powerful than a STO indicator. They will almost always win when they have a slope that looks like that.
The 50 DMA may be the big barrier. But when it hits the list again or crosses the 50 I'd pay close attention. There could be some plays in between but that's where I like to focus.

If I wanted to catch a jump I'd watch for it to hit 3.06 on a low (or close to that) and then start up again. Maybe catch it close to a 2nd bottom if it displays one.
It deserves to be watched.

I think CNSI is closer to the move. And NSIX even closer. Any thoughts?

Thanks,

Ray
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