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jim i got your gif chart of iomega. your chat looks very professionally
done. what i don't understand why you think of going long on monday.
here is why i question your motives.

the blue dotted moving average is below the red dotted moving average.
tema cci is now below zero. 
tema(s/c) is now below zero. 
r-sqd is turning down ( possibly loss of downside momentum ?)
the only positive that i see is that price bounced off the long term
support trend line.

i look forward to hear from you.

mike