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Strategies & Market Trends : Sharck Soup
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To: besttrader who wrote (25841)6/2/2001 12:22:33 PM
From: Paul A  Read Replies (2) of 37746
 
ooops- I just wanted to say one last thing :)

With regards to NVLS.. I actually thought long and hard about jumping in long the other day when CNBC was actually bashing them and warning about after the bell conference call being negative blah blah blah..

Of course there was nothing positive about the call at all.. They already had revised down heavily, and stood by that earlier revision.. whats so good about that?? but I think too many people smelt free money and it just became a big squeeze play.. but it takes more then a short squeeze to sustain momentum and so far the techs cant seem to do anything more then live on the short squeezes day after day..

Maybe another surprise rate cut on monday would help the bulls once and for all move this market higher.
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