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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?

To: limtex who wrote (24819)	2/2/2004 4:58:24 PM
From: BWAC	Respond to of 60323

Supply and demand. Somebody is making real sure that an endless supply of shares exceeds demand.

To: limtex who wrote (24819)	2/3/2004 5:02:17 AM
From: Steve 667	Read Replies (1) \| Respond to of 60323

For what it's worth Worden Brothers TC2000 charting and downloading software, has picked LEXR and SNDK for shorting big time. They are strictly technical and put heavy emphasis on something called TV, Money Flow and Balance of Power. Users can download all the stock in the universe. And each day Peter Warden usually picks 4 or 5 stocks which he thinks have notable patterns. He attaches notes to them and explains why they are technically bullish or bearish or about to move. So the first charts the subscriber sees after a download are the ones with his most recent notes attached. In recent weeks he has commented about SNDK and LEXR. He has had 5 different negative comments on LEXR in the last 2 months. Last one yesterday. 3 Negative comments on SNDK in the same period. All 3 mentioned the above indicators which are the very essence of negative in addition the prices unable to get back above their 50 day MA's. Very ugly! Worse that even the warthog as limtex calls it. If you follow this you are short and getting shorter. So does anyone here know what kind of track record the Worden Brothers and their software has? Either good or bad? Does anybody know how big their subscription base is? Does or has anyone here used it and what do you think of it? I wonder how many if any Institutional gorilla managers use it? Anybody have any ideas? Steve