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Non-Tech : Invest / LTD
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To: Peter V who wrote (12632)3/28/2000 12:00:00 PM
From: Thean  Read Replies (2) of 14427
 
Pete, ANEN is up 11 as we speak! The chart now shows it hit the support and bounced off big time with huge volume. The stochastics is sure to turn around and this is a classice short squeeze if anything. Net, the next thing to wait for is when it peters out. I have $92 as the near term resistence.

BBY - I think the big move has occured and unless it can take out $80 and stay up there, it is trading range bound (68 - 80).

TQNT - its chart is not strong. A restest at $70 is possible but I am not counting on it as it is in the specialty semi group. Unless it is being pushed by the street as another CNXT in the stuckoland, the risk is very high for being short. With earning around the corner (3 weeks?), I certainly would not stay short here.
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