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  • Manboking1 Manboking1 Dec 18, 1999 1:50 PM Flag

    New Lows...Baby

    PZN was the leader and lost much of its value on
    its own doing it took the rest of the sector down, a
    new leader will emerge suspect will be WCH and will
    once again raise the bar.

    On the monthly chart
    of WHC if you use a technique called Linnear
    Regression you will find the mean average price of WCH to be
    18.00 a share, said drawn line is practically going
    sideways.
    My intuition tells me any time you buy below
    18 you are in good shape over the long term, I
    average 21.5 so I will again buy to reduce my basis, is
    that simple.

 
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