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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: trendmastr who wrote (22009)	5/24/1999 5:56:00 PM
From: R Verchota	Read Replies (1) of 29386

No, only about 90% of gaps are filled. A large gap up seems (to me) to fill more easily and faster than a small gap up. My key indicator is the building of volume, but technicals only help me determine entry and exit points and I don't claim to be expert in those decisions. I sold some today at 12.5 when we didn't set a new 2 year high with support and confidence, but I bought back much too soon (11.75) because I had to go to "work" today and didn't want to find it at 13 when I got home (unless I was 100% invested). The market was terrible, but ancr did very well. We are still in a strong uptrend. All in MHO. Bob V. P.S I called IR and left a message that I would like to see the NASD national market application filed. I think it could take us up to the next level (support at 12 5/8 instead of resistance)

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