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To: Richard Chow who wrote (724)	12/23/1997 1:50:00 PM
From: drakes353	Read Replies (1) \| Respond to of 1521

Richard: With all due respect, there is resistance at $5.50-$6. Just look at the chart, you'll see we noodled around in that area for a while. So many people are going to pile on above $5 I don't know if we'll be able to get to $6. FWIW, short term reversals are often meaningless. For a great example of this take a look at a daily chart of UFEM. Big reversal off of $3 a while back, traded up to $5.75......now at 15/16ths. I was able to get a short off in UFEM during the upward spike at $5.25, unfortunately I covered at $3.125 drakes353