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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	4/19/2001 2:14:03 PM
From: besttrader	Read Replies (1) of 37746

Rumordude says -- SPX, NDX and SOX all broke yeterday's high. So I am looking for another leg up here. NDX should try 2000, Nasdaq Comp should try 2300. The victim in all of this is still the bonds. Thu Apr 19, 10:47am PDT PMCS AMCC BRCD The above three names have just traded above their most recent highs. Although overbought intraday, I would move to a buy on pullback mode with these names. [RumorDude] Thu Apr 19, 10:45am PDT POWI We still believe POWI fundamentals are very good and we liek the business all round. However, we are nearing the jan high and so we're going to take some profits here.

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