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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: carepedeum2000 who wrote (31006)	8/1/2000 1:14:05 PM
From: Mark Konrad	Read Replies (2) \| Respond to of 57584

BOUT...I'm mildly positive on this one, Carpe: short term declining tops line from the past week or two has been broken to the upside and the long term declining tops line from March was broken to the upside at 30 a few weeks ago. There is also a support area around 27-28. However, stochastics are in a short term downtrend and the overall market tone is weak. If I owned it, I'd hold it. Otherwise I'd buy it closer to 28 or on a clear break above 32-33 (agree with you there). Hope that helps--MK--