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[sharechat] BRW CRS VSG

From:	Phaedrus <Phaedrus@techemail.com>
Date:	Tue, 20 Apr 2004 15:55:37 -0700 (PDT)

Chris,
      Technically, I am a bit puzzled by your enthusiasm for these 3 stocks. 
 BRW has been in a downtrend for months. It may have found support at 46 cents, 
but it would take a brave punter to call this the bottom and buy. It could just 
as easily be another low in a continuing downtrend.
 CRS is also in a downtrend and has made a new low, having broken below its 51 
- 58 trading range.
 VSG is in a narrow trading range - has been for all of this year. 
Statistically, these are more often continuation patterns, though in 43% of 
cases, they break to the upside. Are you feeling lucky? 
         Regards,
                  Phaedrus.
PS : I'd hate to be responsible for snuffing out your spark of interest in TA - 
don't give up!

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Re: [sharechat] BRW CRS VSG Phyllis Bergquist

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