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Old 07-28-2005, 09:51 AM  
howard
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Join Date: Feb 2002
Location: phila
Posts: 1,827
Quote:
Originally Posted by Trax
the stock is too close to its 52wk high
why would anyone want to go in there right now...
trax--a little stock eduaction for you. When the market is going well as it should be for the next several years while real estate takes a break most brokerage houses and stock picking services all pick stocks within 20% of there years highs. the stocks that are below that usually will stay there.


its called momentum trading....
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