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To: Ken Benes who wrote (5378)3/30/1998 11:58:00 PM
From: jimmyo  Read Replies (1) | Respond to of 10227
 
Whats it going to be?
Ken Ok the open should start the move, but this 32 retreat stuff I don't think so. The MM's will be making regular deposits and I really think that # has just been BUMPED to the upside, sure I don't exspect a straight ride up, but this is were we have to be careful, one day this stock will NOT act in its usuall way and I think that day is here.Look at your post of March20th #5252 you've bumped it up yourself!I agree with you except on the degree of retracement(unless of course a major market correction) It won't be so easy to buy back in.So hang on enjoy the ride, like a sunday summer ride with mom and dad! jimmyo someone always has to stop!



To: Ken Benes who wrote (5378)3/31/1998 12:37:00 AM
From: Arnie Doolittle  Respond to of 10227
 
Ken, I have no experience owning a stock when it is added to the S&P500 so I'm anxious to see how it all plays out. As many of us have been saying for some time now, a breakout is imminent. I agree with your assessment at 35-36 and, yes, one would normally expect a retest of support at 32. But the question is whether there will be enough steam behind the stock to make this the exception that proves the rule. I think there is.

Arnie


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