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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked
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To: NeverRight who wrote (14037)2/20/1999 8:06:00 AM
From: QuietWon  Read Replies (3) of 90042
 
It was not me. I never mentioned pair as a no brainer. In fact, in a msg yesterday mentioned if the longer no deal, the more the shorter term horizon traders will get fed up and exit.

I did mention there's stronger support for it below 8 .

I did say I liken PAIR to CIEN and eventually PAIR will go up, but the lower it goes before any news, it has to move that amount back to get into the 10 1/2 or 11 range for the person asking my opinion yesterday and moving back thataount would put that person at breakeven. I has to go further above that point for the person to be profitable.

I did also mention it will take at least a few strong up market days or news to get PAIR to get above 10.

I hardly think in light of the above that I called pair a no-brainer.

Ask that investment advisor from Nesbitt Burns in Montreal who came on and said (after I said I was worried pair would drop two Mondays ago as techs were weak) pair is good. That investment advisor from Montreal - what a bunch of crap - PM'd the guy as he came across / inferred he knew the buyer - guy never responded to that or any of the other Cdn stocks I mentioned to him. Like the average investment advisors seems the guy knows little and just another parrot.
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