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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jan Crawley who wrote (19008)9/17/2001 1:34:39 PM
From: Paul Shread  Read Replies (2) | Respond to of 52237
 
Sorry, I wasn't thinking about that. I can't find chart resistance on EXDS until .85-1. I do not know why it is up today; maybe increased data center needs. Longer term, it's still likely in trouble.

SPX looks worrisomely like an intraday bear flag to me, with the potential of another 50 points of downside.

IMHO, with the market down this far despite all the controls in place, the market is in trouble.



To: Jan Crawley who wrote (19008)9/17/2001 4:35:22 PM
From: morbere  Read Replies (1) | Respond to of 52237
 
Nasdaq first tracks a stock when the price falls to less than $5 per share. Deficiency notices are sent out when the stock trades at less than $1 for 30 consecutive days. The company has 90 days in which to get back in Nasdaq's good graces, or it has to go through a six-month process that can lead to banishment. A low share price by itself will not cause automatic delisting. Nasdaq has a complex matrix of requirements that a company has to meet to stay on either the National Market System or the Small Cap Market.