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Technology Stocks : Identix (IDNX)
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To: Caroline and Daughters who wrote (10924)10/21/1998 4:33:00 PM
From: Ron Ohio  Read Replies (1) of 26039
 
One thing that did happen and may have helped is IDX finally broke out to upside of its 50 day moving average of 5 5/8 this morning. And it did it with convincing fashion. The short side would look at this technical event with great concern.
Overhead resistance is at 7 7/16 which is the 200 day current moving average.
Of course there also may be someone who knows something we don't. You better believe I would like that most of all.
I understand that the LA Times had a nice article on biometrics today in conjunction with the Bankers Assoc. No matter what -- I'll take it.

Ron
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