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Technology Stocks : Data Broadcasting Corp. (DBCC) -- Ignore unavailable to you. Want to Upgrade?

To: JeanD who wrote (2178)	1/7/1999 9:58:00 AM
From: unclewest	Read Replies (2) \| Respond to of 5102

we dropped to 16 1/4. does that mean we go up 80% i'm back at 16 1/2. sold 15's yesterday at 17 1/2. gonna hold these thru next week at least.

To: JeanD who wrote (2178)	1/7/1999 4:56:00 PM
From: TraderAlan	Respond to of 5102

Jean, Thanks for the comments. I'm real happy DBCC did what it was "supposed to do" today. Sometimes, my scans will generate Dip Trips on the same stock two days in a row. BTW there's no guarantee of a 70% upspike. As mentioned in the Bell commentary, there are really two types of Dip outcomes: a. a failure bounce (that still makes a nice trade if you're quick and not greedy) b. another primary trend move, taking out the old high and ejecting (like the JBIL chart on the page). BTW I'm writing a piece for my weekly column this week on Market Numbers. It discusses the mechanics of stock price at certain whole numbers. DBCC and its relationship to 20 is a great example. TraderAlan aka Alan Farley editor/publisher The Hard Right Edge hardrightedge.com Morning Trader hardrightedge.com