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Gold/Mining/Energy : Datamirror (DMCX) (T.DMC) -- Ignore unavailable to you. Want to Upgrade?


To: Flipper12 who wrote (251)12/7/1999 10:23:00 AM
From: Famularo  Respond to of 603
 
Thks peter, I reposted due to the fact that your NR is wide. ))




To: Flipper12 who wrote (251)12/8/1999 12:22:00 PM
From: Famularo  Read Replies (1) | Respond to of 603
 
Just an update.. DMC made another 12month high today ($15.10). Many folks were checking to see how high it would go this morning and triggered profit taking. This caused DMC to drift to under $14.00... This is OK, look for a new base support between $13.00-$13.50. The same happened last week when it hit $12.50 and profit taking had occurred. Based on this trading pattern, accumulation will occur and we should see new highs next week. Next week, at the latest we shall see DMC break $15.10. IMO, DMC is a wise long-term accumulation during these profit taking sessions.