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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: Black-Scholes who wrote (44333)	8/31/1999 3:23:00 PM
From: DiViT	Read Replies (1) \| Respond to of 50808

You have your cheerleader outfit on, or did something cross the wire?

To: Black-Scholes who wrote (44333)	8/31/1999 3:25:00 PM
From: Stoctrash	Read Replies (2) \| Respond to of 50808

BS...guess what..TA buy signal will be triggered in 10 min on C-POS!!

To: Black-Scholes who wrote (44333)	8/31/1999 6:35:00 PM
From: OZ	Read Replies (2) \| Respond to of 50808

What's going on though? Why the buying now?? Somebody upgraded? I'm simply trying to rationalize the "out-of-the-blue" rally in CUBE. BS, Settle down BS and put your textbooks down while I splain what happened today. How quickly you forget. Did you not read my post??? It is like I said in my previous post. The 200 day mva point for today is the 26 level. Right at todays lows. I said we would get a bounce BY WEDNESDAY. Here it is. It hit 26 and bounced right up exactly as predicted all the way down to the exact penny (26.00 is todays low) It is like you will not even consider this. When a stock challenges the support area of its 200 mva, a flood of optimism usually sweeps in and lifts the price. The next challenge is for it to take out its prior recent peak. The significance of this is that this is where the sellers will be hiding. Everyone that bought early last week has been left holding the bag. When price moves back to their buying price level , many of them will be motivated sale and "get there money back". This is the tenet that creates the resistance levels that are easily identified on a daily chart. Support level are the inverse. If anyone wants to learn more just send me a PM and I'll recc. some books for you. OZ