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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: brogan who wrote (19123)	3/9/2000 7:09:00 PM
From: Ken W	Respond to of 29382

Eric: A little more on friend HMTT. Kinda glad I did not buy, I tried at 3 1/8 on a retrace from 1/2 but not go. 3.50 is a hard spot for the stock. Both dMA's are right there. I think maybe today's volume was some very prudent short covering by the pros. Looks like two ways to play the stock. Wait until a bust over 3.50 on real heavy volume or play it back and forth for the half from just under 3 to just under 3.50. The long, long term chart is showing some improvement, but I think it would be risky given the poor FA performance of the stock in recent Q's. The real bullish indicator at this point is the small reverse head and shoulders finished today. At least it is worth watching for a while. Ken