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03-20-2005, 06:55 PM
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OSTK showing Bear Flag
Ticker: OSTK
Overstock.com OSTK has been pulling back, and recently bounced a bit. however the bounce is looking a lot like a bear flag. Friday OSTK did move lower. I expect to see OSTK turn down again especially if the market remains weak.
You might look to short OSTK if it breaks below $46. Set a close stop just above perhaps @ 45.45. eigh8or 
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