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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: in_cog_nito who wrote (24129)	3/8/2001 1:20:00 AM
From: Ken W	Read Replies (2) \| Respond to of 29382

InCog RDRT: Not a problem with opposing positions. That is what the market is all about. You sell stock to someone who thinks it will go higher, while you think it will go no higher. <GGG> Of course you know that I don't base my position on just one or two indicators. Even while the stock has moved up and down several times the money flow is still negative as the other longer term indicators have began to weaken. That is why I stated that the present position is critical, with a short term trade upside to 8 5/8. Anyway, we will see, perhaps we both can make a little money. PCOM tested the 10dMA on lighter volume than yesterday. Hopefully, we will see a new base begin to form between 2.25 and 2.50. I see that some new positions were taken by two institutions as of yesterday's reports. I can wait. I look for some contract announcements soon here in the US and abroad as well. ;-) I'll be paying a call on IR on Fri. for any updates that are allowed disclosure. Ken