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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (21682)	10/6/2004 8:33:06 PM
From: chowder	Respond to of 23153

dry miller, Last week I provided an analysis for MWY. Most of the time, when I provide an analysis, There isn't any follow through on my part if I don't have a position. I thought I would get back to you. Here was my summation. >>> Since this stock is showing weakness from the indicators, I don't think MWY has the strength to rise any higer than the 20 day moving average on this attempt. It will probably pull back from there unless some market moving news comes along to change the character of this stock.<<< dev.siliconinvestor.com The chart will show that's exactly what happened. MWY made two attempts to break through the 20 SMA and failed. It then pulled back. stockcharts.com[h,a]daclyiay[pb50!b20!f][vc60][iut!Lc20!Lg]&pref=G If MWY breaks above the 20 SMA on it's next attempt, I think that will be the place to buy. I don't follow the stock so feel free to call on me for another analysis when the time comes. Good luck, dabum