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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: NAG1 who wrote (8595)	5/11/2005 11:06:49 AM
From: Vendit™	Read Replies (2) \| Respond to of 8752

Good morning Neal, Although the indicators do not yet reflect a trend change from down to up, it would appear from today’s candle that SRAM is making a bounce off of the 20 ema bases on the nice bullish candlestick that is forming. 139.142.147.218 Waiting on William’s R% to bend up to confirm the candlestick would be wise prior to making a long entry IMO.

To: NAG1 who wrote (8595)	5/11/2005 7:41:38 PM
From: Vendit™	Respond to of 8752

Neal, An update: The candlestick that we looked at during the trading day this morning gave way to the lower indicator that I referenced in my post: siliconinvestor.com 139.142.147.218 In essence there was no bend in the trend and the 20-ema failed to hold. The prognosis at this point is lower in the morning and our focus is on William’s % R to shift from down to up. Reid