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Strategies & Market Trends : InvestRight - Short Term Trading St

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To: RSkarsten who wrote (818)	1/28/1999 11:11:00 AM
From: Jeffrey L. Henken	Read Replies (1) of 939

KANA looks great this morning Ron. Although it has pulled back from the high of the day. The lesson to be learned here is that it's important to pick up your shares in the quiet periods between news releases where selling is often greater than buying. RDIM is a good example. Many of us had hoped we would see the demo site online by now but it is not yet ready. So the stock which ran over ninety cents last Friday has pulled back a bit. Now, while we wait for news is when investors should add to their positions or initiate a new one. This works for any stock much better than buying into the frenzy that surrounds a news release. On KANA I would suspect that the stock will pull back a bit more unless more news comes out soon. Regards, Jeff

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