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To: Mark Konrad who wrote (1427)5/12/1999 2:41:00 PM
From: Ken  Respond to of 1614
 
Fundamentally, they are the best at what they do. And they make money to boot :)



To: Mark Konrad who wrote (1427)5/12/1999 2:58:00 PM
From: Jeff Bond  Read Replies (1) | Respond to of 1614
 
The 100 day moving average is right at $20, I agree that $20 is the current line in the sand. It will probably need to consolidate and develop support in the $20 range before moving on. I don't see the trend being broken, but the price is ahead of the trend, so it's probably pulling back and filling.

I don't want to see the 10 day moving average turn negative, but it looks like that is going to happen. If so, after $20 there is the 200 day moving average at $16 to provide support.

My guess is attempts to develop support at $20, if good general market conditions then it holds, if bad conditions we see $16 and hold. May isn't historically a very good month :(

Regards, JB