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Strategies & Market Trends : The Options Box

QQQ 625.58

-0.3%

Dec 11 4:00 PM EST

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To: Hobie1Kenobe who wrote (7670)	11/28/2000 2:11:43 AM
From: Lost to Voodoo	Read Replies (1) of 10876

You may be aware of this JF3, but RIMM is a nice symmetrical example of a head and shoulders top, with multiple shoulders. The volume pattern's not perfect, but may be good enough. Neckline is a bit ambiguous, but Monday could be the pullback to one possible neckline before a drop to a target around 60 or so. Good volume on the drop last Wed which would have been the neckline break. Seems like a a pretty good shot. BRCD similar with a target around 150. Not as pretty, but otherwise quite isomorphic. I'm sure there's plenty of others too - looks like a happening pattern (BLDP partly completed, with better high vol on head; BEAS similar to 1st two - little further along; CMRC sloppier looking & virtually done; GX done...yeah, they're all over the place.) The fact some of these are done or near done may mean some sort of bottom before the end of the year. BTW, NTAP may be done too. It's target from the double top was around 60-70 which is where it is now.

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