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Strategies & Market Trends : Stochastics -- Ignore unavailable to you. Want to Upgrade?

To: Wayners who wrote (853)	9/8/1998 6:26:00 PM
From: kvogel	Read Replies (1) \| Respond to of 927

Wayne, Agree that 10 1/2 is a reasonable price in the first half hour depending on what foreign markets do overnight. Volume doesn't seem large enough to get a serious pullback yet although today it gapped to 9 3/4 and pulled back to 9. Thanks for your thoughtful opinions as I can always use the help. I think the early sell is best strategy as I have about 5 other buy candidates so chasing in this kind of market doesn't make much sense. A final question: The stock gapped up to 9 3/4 then basically traded down most of the day BUT came back to that level to close. What does this retracement mean to you? It would seem to be a positive sign but I don't understand candlesticks. Karl