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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: AlienTech who wrote (33750)	4/6/2000 6:47:00 PM
From: LastShadow	Respond to of 43080

"Thats like getting nakid in front of jeff and going take me now" I tried that...didn't work

To: AlienTech who wrote (33750)	4/6/2000 7:26:00 PM
From: Kelvin Taylor	Read Replies (1) \| Respond to of 43080

three reasons: 1. those that got caught in the down turn will look for gains in the stock price as a reason to sell. 2. stock bounded off near $24 mark three times today. then fell when it broke 26 1/2. closed below 26 too. appears to me that 24 is a support but 26.5 - 27 is resistance. finance.yahoo.com 3. unemployment number out tomorrow morning and its friday after a solid gain in NAZ today. IF the number is worse than expected(lower rate of unemployement) then the gainers would certainly retreat some of those gains from today. making a bet that half the gain will be given back up, at least. shorted @ 26 7/8.