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To: Bill Harmond who wrote (9669)11/16/2001 5:22:14 PM
From: techanalyst1  Read Replies (1) | Respond to of 57684
 
Great call!

I almost bought nufo the other day and talked my self out of it and then last night I was looking at the chart for Smtf thinking something was up. I should have put an order in this am on that one. (Didn't see the news and I don't watch my stocks all day long). Oh well....

What is up with storage? Can't figure out if it's ready to pull back since it's sitting up here on low volume or digesting gains before going higher. I'm leaning toward a pull back due to valuation. Put/call vix/vxn falling. If it weren't for the fact that Thanksgiving week is usually up, I'd say we were gonna pull back Monday.

TA



To: Bill Harmond who wrote (9669)11/16/2001 5:24:11 PM
From: techanalyst1  Read Replies (1) | Respond to of 57684
 
These sub $5 stocks can't be shorted. If they have significant short positions in them, there is nothing the shorts can do but cover. (But who would be dumb enough to stay short when a stock is that low anyway)?

TA