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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul A who wrote (79530)	7/5/2001 9:30:49 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 99985

Paul, I do not know about you, bu if IRF fails the $33 test (or at least today's low few pennies under $33), i will take my loss and wait, the next support is around $27, and that could fail as well, bringing us to a "bottomless" pit. There will be a price, I a sure where IRF is once more a good buy, but if it breaches, that price should be lower than tomorrows close IMHO, thus taking a loss is meaningless, since in few weeks you should be able to get more shares for the same commitment. Zeev