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Technology Stocks : CRUS, good buy?
CRUS 119.67+1.0%Jan 2 9:30 AM EST

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To: grogger who wrote (5153)2/25/1998 8:41:00 PM
From: Phantom Dialer  Read Replies (1) of 8193
 
Get ready Get set ...whoa!

I think the stock's narrow trading range is the sign of confusion. The amount of money to be made shorting the stock is gone and probably riskier than ever...it's like trying to drive your car that extra mile on the empty gas tank...sooner or later...you gotta fill 'er up! Thats what i see with Cirrus

I took the time to engage in a conversation with some other Cirrus investors and we noticed that Cirrus makes its biggest and most sustainable moves to the upside when OVER 2,000,000 shares trade in one day...that's what I am looking for next... its weird though becasue it can happen anytime, its even happened after a day of relatively dry volume (400k).

As far as I am concerned, its a volume game from here. The company fundamentals look really strong, lots of money in the bank etc and they have turned around these last few q's, so we just need that next "catalyst"--the volume spark.

Sorry i don't know when thats gonna happen but I am going to try and buy a few more shares here at this sub 11 level. Well, let's hang in there...

The Dialer
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