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Strategies & Market Trends : Classic TA Workplace

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To: Jack of All Trades who wrote (7622)7/19/2001 5:57:02 PM
From: The Freep  Read Replies (2) of 209892
 
PMCS, BRCM, VTSS, XLNX, AMCC all taking it on the chin tonight. Someone tell me why I didn't reshort the SOXX today? <g>

So, SOXX 540 is one level to watch (and a biggie). Naz 2000-2006 and then 1975. SPX 1194, I seem to recall, and 1200, too. OEX has a bunch of supports, too.

Although. . . maybe EBAY will keep us from all of these lows.
Also, Softie didn't really reduce full year guidance much. Is that A) optimism or B) setting us up for another reduction sooooon? Or options expiry come to play tomorrow and keep us from really tanking?

If this that "e" wave, Allan. . . can it finish faster than the expected amount of time? Yup. This Freep is still confused. But he does wish he'd reshorted the SOXX.

See y'all tomorrow.

the freep
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