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Technology Stocks : JMAR Technologies(JMAR)
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To: Arthur Radley who wrote (4353)12/6/1997 4:00:00 AM
From: SPEEDRACER  Read Replies (1) of 9695
 
Here is my Tech 2 cents to hopefully turn you back on to JMAR>>>

The rally from 1.9375 to 4.9375 was 3 points. a Fibonacci 61.8% retracement is back to 3.125. There is a small gap at 2.75. The breakout point initially was 3 dollars. A much better play than selling at 3.25 area is to buy in at the 3 to 3.25 range and sell if it trades 2.75. Risk reward is big. Look for the 3 area to hold, and JMAR to try new highs early next year... SPEEDY==============================================================
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