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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Sonki who wrote (10332)	6/17/1998 9:39:00 AM
From: Chris	Read Replies (1) of 42787

dell buy stop abv 86.6154 for longs. for short term clever players, anywhere near 86.6154 would be good place to take profits. what we are doing is this: if you have profits from the dell runnup, then 86.6154 is resistance. take some profits at 86.xxx or so. furthermore, if DELL breaks out from 86.6154 resistance and moves abv it (strongly), then buy more/initiate new position (if you haven't gotten in), to play to 90 resistance. As for me, i will wait for one CLOSE abv 86.6154 and make sure it stays up there. im also watching TECH strength. reason for one CLOSE abv 86.6154 is because even if it closes abv 86.6154, there is possibility of a reversal next day and it goes below 86.6154. hope it makes sense. bascially, im want confirmation that dell can stay abv 86.6154..

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