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Strategies & Market Trends : Rande Is . . . HOME

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To: 007 who wrote (3199)2/10/1999 6:54:00 PM
From: Rande Is  Read Replies (1) of 57584
 
You are right to focus on the float. Just wish there were a way to calculate volume bought and held, less volume held short and less MM exchanges and less positions kept less than one day.

Looks like jumping in near or under 30 has little downside risk, yet an immediate upside potential to the top of the trading range AND the potential for a less manic rediscovery. . .which could trigger daytraders into absorbing the float, thus sending north on an Orient Express, due to the low float.

IMO, the key is still in the volume.

Rande Is
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