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To: Les H who wrote (872)6/12/1998 12:14:00 AM
From: Trader X  Read Replies (1) | Respond to of 1471
 
Re: <<he best confidence one could develop>>

Good point. I always look at the competing companies to see if they are charting similarly. In this case, Safeway was also breaking out at $28 in a similar move. Evidently the money leaving tech stocks was finding it's way into retail food in a defensive measure. Last gasp of the bull market?