Bill Wexler's Profits of DOOM Message Board

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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Bill Wexler who wrote (617)	4/7/1998 11:46:00 PM
From: Jim Roof	Read Replies (1) of 4634

Bill, I think it's a little too soon to be saying who is wrong or who is right in any of these stocks. You are the one who has put stuck his neck out and said that BTIM will trade below one dollar and ZONA somewhere near that. BTIM continues to show support at its last major area of resistance in the 10-12 range. ZONA may be a dead duck but a move to 20 in now way rules out a rally to 30. HEPH's chart is a classic pattern. The consolidation that took place on the mid-teens is a classic pattern that leads to a continuation of the preceding trend about 75% of the time. If it were a fundamentally sound company then today was the day that a technical buy signal was generated. Go ahead and poo-poo TA. I am comfortable with what I have learned from it. I don't think you have considered it enough to know what you are talking about. Jim

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