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

To: DlphcOracl who wrote (34906)	9/14/2000 1:05:44 PM
From: JLS	Read Replies (1) \| Respond to of 57584

Delphic, I've been in and out of RBAK myself for small change. The TA looks good but price hasn't followed yet, which means it could be setting up for a move, maybe. It's pushing up against it's 40 and 20 day moving averages, which look to be about 139-140. Perhaps waiting for a close above these before getting in might be an option. But Rbak is range bound right now between 128 and 150. And SCMR looks like it has a similar situation. TA is setting up but it's below the 20 and 40 day around 135, which is also roughly where it needs to reverse it's downtrend. A buy between the 20 and 40 can provide a nice entry for a longer swing-type hold. SCMR just tested it's 200 day yesterday. Other than that I don't know why they are not keeping up. Perhaps because they did not drop nearly as far as the bargains we have been loading up on this week. Julie