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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Sarkie who wrote (51017)	6/14/1999 11:38:00 AM
From: stan s.	Read Replies (1) \| Respond to of 90042

ENCD, thanks Sarkie. One thing to remember I never mention anything in terms of an investment or long term hold. If ENCD breaks 7 3/8 or so on volume and holds, it becomes a good short term play. As far as long term potential I'm sure you're right, a drop from 50 to 3 indicates a snafu or two in the ol' business model.<VBG> One thing I should point out. Of those that I mentioned CUBE is the only one down today....it is still holding support. That is the key point...no stock will move up continuously. Holding support, breaking or failing to break resistance, that's what to look for. I did mention CUBE last week at 27 or so with 29 as resistance, broke it and traded as high as 32+ today... Ideally it should hold 30 at close... Well I got off the subject... Stan