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10-3, I suggested LLTC might be a turn around candidate. The stock has moved
nicely. At present, the stock is in the vicinity of 10 and 60 period Hurst
upper envelope limits and is vulnerable to pull back or consolidate soon.
BBBY was the lowest risk short sell candidate I could find among NASDAQ 100
stocks. The 'best' it could was consolidate a few days. Up strongly today,
BBBY has broken above the first level of resistance. It too is bumping up
against 10 and 60 period Hurst upper envelope limits.
These conditions represent notoriously bad timing windows for jumping abroad
on the long side.
Stan
-----Original Message-----
From: Stan Book [mailto:sbook@xxxxxxxxxxx]
Sent: Wednesday, October 03, 2001 9:38 PM
To: realtraders@xxxxxxxxxxxxxxx
Subject: [RT] NASDAQ-100
.... The best short candidate I find is BBBY. The stock is bumping
up against potential resistance with evidence of distribution. This is often
a low risk short sell setup.
Especially for NW is bottom fishing candidate, LLTC. This stock has gone to
new lows with evidence of accumulation which suggests a potential trend
change.
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