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Strategies & Market Trends : Rande Is . . . HOME

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To: Jason W who wrote (4130)	3/8/1999 3:16:00 PM
From: Rande Is	Read Replies (1) of 57584

Look where support levels are right now. . . Hey, I was wrong this AM. . .kinda glad tho. . .reading thru the posts by shorts. . .the same ones that attacked PRFM are screaming as they realize they got into SEVL at 5 . . .added to their short positions around 8 and now are looking at what may be a gap up to 10 or 11 or higher in the morning. The thing about the market, Jason. . is that it is constantly moving and changing. . .and what works one minute won't another. . Most everyone knows that being late to jump on a momo as volatile as SEVL would be a VERY high risk play. . .we don't play momos much anymore. . .but we watch them, because there is so much to learn from them. 35 million shares trading in one day? Nobody in their right mind would bet against that. The shorts have tried "concerted" shorting efforts to manipulate the price downward and "scare" the longs into selling. . .guess what? It hasn't worked. Rande Is

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