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Strategies & Market Trends : Drillbits & Bottlerockets

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To: John Pitera who wrote (8357)	4/19/2001 11:27:12 AM
From: Logain Ablar	Read Replies (1) of 15481

John: CMRC just printed a triple top breakout. I would not be surprised to see it pull back now towards $10 if the naz pulls back which would set up a bearish signal reversal (a bullish P&F pattern). stockcharts.com Notice my comments are anticipating something which is a mistake. It all hinges on CMRC guidance tonight (SAP's was good from what I've read) and SEBL actually lowered forward guidance but still 20 - 25% growth and the market liked it. CORV is lagging the main players (JNPR, CIEN) but is still moving higher each day.

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