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Technology Stocks : Softbank Group Corp -- Ignore unavailable to you. Want to Upgrade?

To: Labrador who wrote (2555)	12/2/1999 8:25:00 PM
From: Jonas1	Read Replies (3) \| Respond to of 6020

I'm not a chartist, but... If you look at the chart of Softbank quote.yahoo.co.jp For the last 3 cycles, I assume that the red line is the 30 day moving average and the blue line is the 90 day moving average? In any case, for the last 3 cycles, after a runup, the price just touches the red line, or goes just below it, never dipping below the blue average line. Judging from the chart, then, one would expect a dip to 60,000 yen or just slightly below for the current correction. Of course this is affected by news and events, etc., but I found the apparent regularity of this particular stock quite interesting. Jonas