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To: JRI who wrote (8573)8/1/2001 10:44:47 AM
From: AllansAlias  Respond to of 209892
 
Yes, COMPX looks like it wants to tag the upper line of the wedge. I am out of my long on the pop for a quick turn and am setting up for short.

You know, I always remind myself of the simple thing -- a day that gaps up and holds is not a great short bet. Yes, we get intraday reversals, but they are not the high odds bet.