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Non-Tech : Trading IOMEGA based on technical analysis -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (1303)1/11/1998 5:09:00 PM
From: Herb Fuller  Read Replies (1) | Respond to of 1511
 
Gottfried , Re:>> Good Chart with moving averages <<

timely.com

This chart shows IOM to be near it's 200 day ma . I am of the opinion that this level will hold . If it does not hold then I would look $11.00 to be the ultimate bottom . For this to happen IMO we would have to have a 250 point plus drop in the DOW .

BTW the DOW has penetrated it's 200 day avg. this last week .

Herb