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Strategies & Market Trends : Steve's Channelling Thread

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To: Jdaasoc who wrote (11734)	2/26/2001 8:58:11 PM
From: Zeev Hed	Read Replies (2) of 30051

Actually, from a short term point of view, after anther run to the $21/22 area, I expect that AAPL will again get down to the $13/$15 area to mark a solid double bottom, so those that bought the day after my post (they should have been able to get under $15), there is a nice 50% profit while the rest of the market tanked, and I would take profits here (I have already), since the first 50% move was much faster than I expected, and be ready to come back in probably in May/early June when I expect that double bottom to form. Zeev

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