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Technology Stocks : BMC Software
BMCS 0.005200.0%Nov 10 3:57 PM EST
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To: MikeyT who wrote (1116)1/7/2000 2:13:00 AM
From: Dave Gore  Read Replies (1) of 1492
 
YES,CHART SHOWS SUPPORT AT 44 and likely snapback to as much as $58. Michael Murphy is right but you can clearly see that for yourself. It's easy to spot.

BMCS got hammered back to May 1999 levels. Small chance if the market really tanks it could go to 38 or so, but much more likely we hit 50 in the next few days and maybe 55-58 but probably not higher for awhile. Again, it's no mystery. I have rarely seen a market that trades so closely to chart patterns. Great time to do options for those experienced.
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