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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (340)	1/5/2000 3:03:00 PM
From: Esway	Read Replies (1) \| Respond to of 5499

Will take a look.......excellent comments I think in the below statement: From Leibovit line: "<<THE LEIBOVIT LINE 900-820-0877 VRSURVEY.COM There's an adage that I was taught many, many years ago that goes something like this: "Stocks near highs act like they will never go down and stocks near lows act like they will never go up." This is a reflection of the distributive/accumulation process by market insiders, investment bankers, specialists and market makers. When stocks are near highs, they 'boys' rally them as often as possible to allow for an exit of their positions and to establish short positions. Conversely, when stocks are near lows, the 'boys' push them down as often as possible to permit accumulation and shake out any vestige of weak sisters still holding shares. After all, it's not their intent to make the public any more money than necessary. >>"