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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (10363)	1/19/2001 9:56:55 AM
From: Bruce A. Thompson	Read Replies (1) \| Respond to of 30051

Volume on the NAZ is very strong this morning. If it keeps up at this rate, we just may have a 3BB day. BT

To: Zeev Hed who wrote (10363)	1/19/2001 10:20:30 AM
From: Logain Ablar	Read Replies (1) \| Respond to of 30051

Hi Zeev: On CMRC they had a good quarter and gave good forward guidance (see my earlier link) so in the b2b sector they will now start to be percieved as the leader (taking over from arba). On PnF it gave a buy signal today (duh). From a history perspective 30, 40 and 48 are other support areas which should now be resistance. Just from a WAG is the NAZ is going to 3,050 area (I'm getting a lot of buy signals and trend changes (short term) the stock should move back into the 40's (hey it was there in early December, go figure). As of yesterday (from memory) I had the ema's around: 20 - 25 50 - 33.5 100 - 42.5 200 - 51.5 (simple 200 - 50) The $48 area was where SAP was buying their shares. Tim