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To: RocketMan who wrote (29461)	8/18/2000 11:10:33 AM
From: CAtechTrader	Read Replies (3) \| Respond to of 35685

GBLX...toppy? Look at the chart, its in a base..unless you are a "range" trader MACD and Stochastics are irrelevant..we trade for the big move, not a point or 2..both MACD and Stochastics have mathematical limitations that define the top of a range as overbought and the bottom of a range as "oversold"...by using them in a range, you miss all the breakouts to the upside and by waiting to buy on a pullback, you buy the breakout failures, which we want no part of...nothing personal, but we have taken these indicators apart...they are more art than science IMHO.

To: RocketMan who wrote (29461)	8/18/2000 11:15:20 AM
From: qorilla_watcher	Read Replies (1) \| Respond to of 35685

Cree breaking out this morning. GBLX has impressive assets and management. Unbelievable that fund managers would let it go below $25 when their global network is going to be completed in a year. Also their IPO's for their web hosting sites(2) are supposed to come up when the market is riper. With their assets it has to be worth $100 in a buyout in a good market, yet the stock price has dwindled this year.