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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: Helios who wrote (30924)	3/15/1998 12:57:00 AM
From: Don Dorsey	Respond to of 50808

If anybody cares, this is my take on the narrow trading range, and low volatility of recent weeks. This is the classic final sign of a stock that is preparing to resolve a two year triangle. It is being pinched down near the apex, and will soon break-out one way or the other. A triangle is a vicious struggle between the bulls and the bears. When one side wins, the other throws in the towel, and when this happens we will witness the mother of all moves. Based on enormous bullish divergence in both the weekly and monthly charts, I believe the break-out will be to the upside, which explains why I am long. Whether it works out that way or not we will all see soon enough, but periods of low volatility are, with high regularity, followed by periods of very high volatility.