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

To: SirRealist who wrote (52708)	6/27/2001 9:17:38 AM
From: Mark Konrad	Read Replies (2) \| Respond to of 57584

PLUG...Thank you for the info, SirRealist. The chart appears to have short term support at 17-18 and slow-moving stochastics have turned positive. Prior to the recent rise to 38 there is an area of congestion from 21-24; clearing that would confirm the strength of this rebound. Your comments underscore the importance of treading cautiously and limiting any losses, regardless of the reason. Regards, Mark

To: SirRealist who wrote (52708)	6/27/2001 9:49:53 AM
From: Rande Is	Read Replies (1) \| Respond to of 57584

SirRealist, good to hear from you. We play PLUG both ways here. The past year it has proven itself to be as good a short as it has been a long from its IPO day. Currently its prospects look better to me as a long than short. I expect that to change in a few months. Today it is up 12%, which makes a nice swing trade from yesterday, where I added with my post. As for MKTY, they were the ones to spin off PLUG originally. . .so they have plenty of shares to dump. And they have been dumping since the stock went public. So I fail to see the significance of further dumping. Rande Is PS> I appreciate all the hard work you do on SI. . . and my very best wishes to you.