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Strategies & Market Trends : Steve's Channelling Thread

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To: Stoctrash who wrote (10598)	1/26/2001 4:09:08 PM
From: Zeev Hed	Read Replies (1) of 30051

No, I do not think that they are immune, that is why it did drop to the $90 after hours yesterday. I just think we had a powerful DCB, that is all, it did come down from $142 to $90 in a hurry, a 50% retracement of that drop would get us to $116 or so, if the market behave maybe the $120/$125 area, but that is what i would consider "top" on it for this run. If I can get a good price after hours, I might even bail out earlier, I don't know yet. I would not be surprised at all to be able to get back into BRCM around $75 in the next few months. Zeev

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