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justfrank

11/19/05 1:39 PM

#7320 RE: Slyhunter #7319

I think if it drops to $2 you're not going to want to be buying at that point. It would break the trend line. Buying at $2 would then carry more risk since you might be seeing a reversal of the current uptrend.
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perc

11/19/05 6:03 PM

#7322 RE: Slyhunter #7319

FOUR WEEKS should be about right

some folks will decide to sell before year end

and then, "The January effect" sets in.

So, imho, no new high until Jan 2006


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justfrank

11/19/05 10:32 PM

#7343 RE: Slyhunter #7319

Here's a chart showing why I don't think buying at $2 would be a good thing. IMO

Also note how it broke of out of it's channel this week