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To: Probart who wrote (9063)6/1/1999 4:07:00 PM
From: Jenne  Read Replies (3) | Respond to of 19700
 
IMO bottom 75..



To: Probart who wrote (9063)6/1/1999 6:58:00 PM
From: jackhach  Read Replies (2) | Respond to of 19700
 
It would take an enormous amount of volume to sustain a break down below $92.50. What I mean by sustain is that any visit below that price point will prove short-lived. It'll usually return within the same session or maybe the next. It is rare to find a bottom/top established on such enormous volume suddenly diminished by lite-trade session(s).

IMHO, it'll essentially trade between the two walls of $92.50 and $102.50 until we get a session that has enough volume. We need a session that goes well North of 16 million shares for that to occur.

I'd be buying at anything near/below $92.50.

Again, just one poster's thoughts.

-JH