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To: Robert Rose who wrote (63065)6/17/1999 11:10:00 AM
From: Mark Fowler  Read Replies (1) | Respond to of 164685
 
Robert jumping into margin now might take a bite out of that profit if it pulls back some in here Exds is approachig resistance i'd wait until 20MA is going to hold or ressitance is taken out.



To: Robert Rose who wrote (63065)6/18/1999 6:34:00 AM
From: Mark Fowler  Read Replies (1) | Respond to of 164685
 
EXDS - closed at 20 ema yesterday, up 11% on above ave. vol. up 7% so
far today.<,

Robert their are a couple of ways you can play Exds here- first i want to mention that the chart is setting up nicely to be a potential Inverse H&S pattern which is explosive on the breakout of resistance and on to new highs; look at Sox same pattern there on that chart when sox took out 428 look at where it's now. Semis are doing well.
If IIX continues to hold and Exds breaks out buy above yesterdays high 92.5( the neckline, resistance, make sure that this will hold usually two closes above is good) with a near term target to approx. 109 (for ST trading) or if it pulls back some maybe down to the gap and (if IIX holds up) then buy it between the gap approx. 75 and 80. Exds is looking great hope it moves for us.