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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 662.72

+0.4%

Nov 19 4:00 PM EST

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To: dppl who wrote (25000)	1/31/2000 5:44:00 PM
From: Johnny Canuck	Read Replies (2) of 68130

Good job Thomas on JDSU. I was considering a limit orders on JDSU, SUNW and EMC this morning, but thought better of it when I saw the market was going to grind down a stock at a time rather than a quick broad based sell off that would set the stage for a strong reversal. My general feel is that market probably moves down in waves till we set a proper bottom. Unfortunately, the market does not behave like it normally does these days. It is hard to predict what the level of greed and cash will have in store for the direction of the market. Are you actually going to hold through the Fed meeting or sell before to lock in profits?

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