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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?

To: Tickertype who wrote (17955)1/31/2000 12:32:00 PM
From: John Curtis  Read Replies (1) | Respond to of 27311
 
T, et.al.: My view, for what it's worth, is you're looking at an action that's pretty much NAZ wide. The NAZ is picking up where it left off on Friday...that is...pulling the wings off 9 tenths of all the equities in it's stable(is that a mixed metaphor?).

So seeing this as the buying opportunity it represents, I picked up some for trading purposes at ~$27 3/4rd. I did this with a couple of other equities I'm following, too.

Now let's see if I'm being stupid with this trading gambit....
John~



To: Tickertype who wrote (17955)1/31/2000 1:29:00 PM
From: Zeev Hed  Respond to of 27311
 
Actually, Tickertype, I think we are going through the exercise of filling the gap to about $25, I had a GTC at $26.5 in anticipation of such action and got filled. I believe that VLNC is still bullish as long as $24.5 is held on a closing basis and have set my stop loss accordingly.

Zeev


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