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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: xcr600 who wrote (12556)	9/22/1999 8:32:00 AM
From: Kevin Shea	Read Replies (3) \| Respond to of 57584

xcr...ADAP ...looks to have closed at 50MA....in the 60 min time frame it appears to have support above 27.25... I know that Rande got in at 27 1/4, but I would prefer to wait until I see the TA signals turn positive.. HIFN has a nice uptrending channel with the lower channel boundary offering support in the 106-110 range....However, what I see is weakness in the trend at the recent high (TA diverging from price) and a head and shoulders topping pattern looming...yesterdays activity in falling below the opening gap down does not inspire confidence...I would either enter at a lower price and keep a VERY tight stop or wait until you see solid support develop (IMO) Reentered VUSA yesterday...stopped out of LOOK on a shake down <grrr>