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

To: Joe Smith who wrote (15626)	11/24/1999 10:54:00 AM
From: Trumptown	Read Replies (1) \| Respond to of 57584

Looking for strength out there: I see a few...INIT, APEX and XYPR Now here's the theory... Many traders are away from their machines. The shorts have likely left stop losses in their accounts...so, strong buy volume is likely to trigger market orders (based on the short stop losses getting triggered) If enough buy strength hits a ticker, launch will be imminent... Of the above 3 I like INIT the best...here's why: 1. Another 'strong buy' issued today (new coverage) 2. It is very close to a 'blue sky' break out around $23(that will trigger limit buys, as well as short stop losses) 3. It is a solid company SR