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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject	7/19/2001 10:40:24 PM
From: morokko65	Read Replies (1) of 100058

DrBob Can you take a look at PVN after its crash today? I was able to sell a small portion of my shares last week in the $58.32-58.55, thought I was missing the train to $62, late yesterday, but it got clobbered today Looking at the lower upward trend line since '98, it trends out to the low $40s. $40 looks like pretty solid support and there is a very small gap on the dailies from April/March around $43. I also see support at around $38ish and again at $29-30. I'm still long approx 700 shares in my 401k & ESPP, accumulated over several years, so I can ride out a soft year, but want to accummulate more in my position trade account, now that support targets are within range. Does this show any signs of a more brutal collapse below $29-30, or do the levels I mention appear valid? TIA

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