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To: synchro_fan who wrote (8083)	3/20/2000 1:09:00 AM
From: Jim Willie CB	Read Replies (3) \| Respond to of 35685

TA on Mercury Interactive (MERQ): consolidation this guy peaked in the 130's, then came down in two characteristic downlegs... first bounce seems off the arbitrary psych 100 line... second bounce off combo of support at 90, and 30day MovingAvg... the second bounce seems emphatic, since it coincides also with a RSI bounce off middle 50 levels now it seems to be finding resistance at 110 with old support becoming new resistance daily stochastics are on upswing for sure, but this is a minor positive money flow has improved since the second bounce, but the reflex seems doomed, with consolidation next consoldating range is likely 95-110 for a while now in another week, additional support will be seen with 50day MA, now low 80's and rising nicely / jim