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Strategies & Market Trends : Bear Market Momentum Investing

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To: Sr K who wrote (89)	3/17/2008 6:44:20 PM
From: Perspective	of 248

IBN sliced through some long-term support today: finance.yahoo.com Could be reversed tomorrow if it soared overnight, but $40 is now resistance. Don't have a whole lot of fundamental info on them, just that they've been a major beneficiary of the rise in India's stocks, and I suspect the inflation and higher interest rates there eventually are their undoing. `BC

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