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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: woody who wrote (16641)3/12/1999 10:31:00 AM
From: Waldeen  Read Replies (1) of 90042
 
Woody, on IDTC vs. PAIR....

I'll give some inputs, but do what you think best, OK?

I jumped into IDTC yesterday at 18 1/4 waiting for more run-up,
but when it fell back to 17 7/8 my opinion went 180 degrees.
With any loss in momentum, IDTC has a gap to fill between 16-18 IMO.
I can't predict the future, but I'm personally waiting for
something mid 16s to get back in, if at all. I may miss run-up
this way, but I'm trying to be patient for a strong entry point.
Once IDTC starts to move, it's going to need to bust-a-move on
20 too, so there are signs along the way for a move up. But,
due your own DD. Sometimes I am flat wrong.

Pair, on the other hand, is moving out of a low. Looks like
less downside to me. Not to say that entering now you will not
have to deal with some retrenchment, at some point. If that is
going to bother you, hold some back for a possible reload.

Wow, went back and looked at the quotes, that makes it look, well,
obvious.

best of luck,
Waldeen
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