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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Original Mad Dog who wrote (55150)	10/4/2000 8:55:43 PM
From: Logain Ablar	Read Replies (2) \| Respond to of 63513

OMD: Can't speak for ARBA but CMRC was extended and in a weak market was an easy target for a coordinated effort to drive down the price. Conspiracy theory. I'd luv to see if Jefferies was buying over the past two days. Now technically CMRC did not have two closes below the 100 and 200 day ema's which is a good sign. At the same time it cut through the 20, 50, 100 and 200 emas like butter on Tuesday. This is not a good sign either. One day at a time. Lets see it hold 60, preferable 63 for a second close above the ema's. If it doesn't we still have trouble. It did hold $53. Wow just no buyers this morning. If $53 didn't hold then we had $48 and $40 as next targets. I was thinking this could happen if NAZ revisited 3200 area. I'm not sure if we are out of the naz woods yet. Tim