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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?

To: moufassa7 who wrote (3101)	12/19/2001 10:33:55 AM
From: Frederick Langford	Respond to of 13660

I prefer to hear all sides, not just the bullish side. Dale's posts help keep balance, imo. Fred

To: moufassa7 who wrote (3101)	12/19/2001 12:39:21 PM
From: James C. Mc Gowan	Respond to of 13660

M. Agreed re: Dale's valuable input. Also, the weather forecast was accurate today, but everything happened in just the first half-day! Nice call on QLGC, closed out for nice gain. I have noticed that, although, and perhaps, because of the technical breakdowns in the storage and chip stocks we follow, during the past few days trading, the techical breaks are being faded. I.e.; new shorts piling on when supports break are treated to ramping, and short covering ensues. This has become so predictable for EMLX, NTAP, BRCD and QLGC, even as they are deteriorating. 2 and 3 point short covering rallies, back to overhead resistance. Perhaps this predictable pattern will disconnect after options expiry. In the meantime, buying dips in these issues is a slam dunk James(trying to see a PM dip coming)