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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Magnatizer who wrote (8129)5/1/1998 1:03:00 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
i think recy will move when the 5 day ema comes up and touches recy.. you know what i mean? 5 day ema as support, recy will bounce from it. expecting 1-3 day consolidation and we go higher.



To: Magnatizer who wrote (8129)5/1/1998 2:50:00 PM
From: Chris  Read Replies (2) | Respond to of 42787
 
looks like we have hit the support at 7 3/8 again and bounced from there.

thus, the trading range has been confrimed as 7 3/8 to 7 15/16(+/- 1/16)



To: Magnatizer who wrote (8129)5/1/1998 3:31:00 PM
From: ivan solotaroff  Read Replies (3) | Respond to of 42787
 
RECY

David,

Fancy meeting you here. As an old RECY hand, I can attest to strong horizontal support at 3/8. In its old days in the 7s, you could take it to the bank and get a mortgage on it. That it was broken through so rudely on the acquisition news was almost 100% insurance that it would retest--unless of course it went and galloped up into the teens. I keep waiting for that to happen, so I can really kick myself.

Ivan

PS: Got any stocks I can purchase blindly at full margin at around, oh, 3:55 today?