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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Dalin who wrote (25590)2/6/2003 8:56:55 PM
From: orkrious  Respond to of 57110
 
depends on how long you want to hold it. I suspect before this bear is over it will sell for book value, less than $10/share. The stuff I've held for a while in my "investment" account I will close after a series of 90% down days, sometime later this year. depending on how the war goes, it could easily be 20 bucks then. the stuff I sold today I will begin peeling off after about 8 points.

btw someone on one of the threads said business was good. according to the Jay Somaney's CC notes on RealMoneyPro, business is deteriorating.



To: Dalin who wrote (25590)2/6/2003 9:01:48 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 57110
 
Depends on the timeframe.

The solid blue lines defining the parallel channel sould offer a good guideline for support and resistance, but will change daily. I would then look for the gap fills which are indicated with the dashed horizontal red lines. Ultimate target....$44ish

stockcharts.com[r,a]dhclynay[dd][pb50!b200][iub14!lh5,5!li14,3!lp14,3,3][J10102670,Y]&listNum=1


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