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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (471)	4/20/2001 11:46:07 AM
From: Perspective	Read Replies (2) of 209892

Partial listing, WIP: STOCKS THAT ARE AT RESISTANCE: GE - extremely extended and at the TL for the whole down-move. Shouldn't crack this on the first attempt. Its break of the falling channel a few days ago was a major signal that this corrective move was of high degree. Also at a couple areas of congestion. STOCKS THAT ARE EXTREMELY EXTENDED: RFMD!!! CCMP PMCS BULLISH FORMATIONS AND SHORT WARNINGS: T !!! I'm watching for a breakout of that base at $25. BRCD - nothing but air above right now. IMO better risks elsewhere for the time being. Also, ditched 25% of QQQ long hedge (that has so nicely saved my ass these two weeks) on the bounce to COMPX 2160. Goodbye my good friends... BC

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