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To: Robert K. Sims who wrote (4642)2/27/1998 2:30:00 PM
From: 45bday  Respond to of 10786
 
Curious how the technicians on this thread interpret a stock like ALYD or ISLI that seem to find a small trading range and sit there for some time. I always assume that the ones who want out are getting out, and the new investors will establish a nice support level. Of course I thought this about ISLI at 19 or so and it dropped quickly to 15 1/2. Any thoughts appreciated.