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Non-Tech : Invest / LTD

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To: Slava Chechik who wrote (1346)	7/27/1998 10:03:00 PM
From: Thean	Read Replies (2) of 14427

Slova, for a while I thought I was seeing the same CCI chart - but the similarity is strikingly similar. Same story, near term down according to BB and it absolutely needs to close below $36 for more hands to fold. Not sure if it is the king of the crusers but the leisure/retail sectors appeared to have peaked for their summer rally as well. Net, dead money until it can close below $36, and then it must close below the supports around the low 30's (please check the chart). If you are currently short, I would hold and see if 36 support can be penetrated. And if it bounces off 36 and you are only in short term, I would bail and find other opportunities.

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