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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,
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To: bullmart who wrote (36860)5/23/1999 2:38:00 AM
From: FrozenZ  Read Replies (3) of 122087
 
<HAUP> is number one on the SI hot list. If I'm not mistaken that is a sign of gap up, pull back, then run up for four hours, then drift down for 2 weeks. Anyway that's my useless prediction for haup, here's why.
1) Gap up: True you can short pre-market but not everyone knows how to do it and buying is more common. Hence gap up

2) There are a lot of interested shorts in this one: Hence pull back.

3) While it's true most BW readers are not mo-mo players there are enough people thinking this is the convergence answer the world has been waiting for: therefore four hour upward trend.

4) People in group three are wrong: therefore gradual drift downward over the next few days possibly weeks.

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