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Technology Stocks : C-Cube
CUBE 36.96-2.0%Nov 6 3:59 PM EST

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To: James who wrote (27431)1/3/1998 3:11:00 AM
From: Rarebird  Read Replies (1) of 50808
 
James, I think your right: Today's rally was related to short profit covering! All the dogs have a few days to rally at the start of the New Year! All of this was expected. Hopefully, Cube can counter-trend rally up to the $22.5 strike. It will then become a great short entry point. These longs are so desperate they will latch onto or cling to anything. But guess who has made the big money on Cube over the last 23 months? The shorts! The shorts even know how to play a bear market rally, and recognize it as such! Buy and Hold is a losing strategy with Cube.
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