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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?

To: Lost1 who wrote (11980)1/29/2002 4:08:54 PM
From: J.B.C.  Read Replies (1) | Respond to of 23786
 
I'm still short. I think the single buy signal was not enough in my opinion. I'm willing to hold to $43, spread double top break. Today, price went back below the weekly mo cross point of 38.98 . Also, on the daily distribution, the stock @ 40.23 is 100% oversold. I'm staying short.

Jim



To: Lost1 who wrote (11980)1/29/2002 4:12:03 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 23786
 
right up against the 200dma....I think I would stay short.
stockcharts.com[m,a]daclyyay[pb50!b200][vc60][iUb14!La12,26,9]



To: Lost1 who wrote (11980)1/30/2002 1:07:27 PM
From: Bocor  Read Replies (1) | Respond to of 23786
 
MERQ has not breached its 200 day in a long, long time. Why, at this time in the market would anyone think MERQ will suddenly change that pattern? Seems like that 200 day is a stone wall .....
until it isn't..lol


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