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Strategies & Market Trends : The Amateur Traders Corner

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To: zx who wrote (15556)	11/1/2001 5:49:13 PM
From: Kelvin Taylor	Read Replies (1) of 19633

true, but the ? is can the momo on a better earnings forecast keep it moving higher? take for example QLGC: went from ~18 on oct 1 to 42 today Shares of QLogic rise a day after meeting Q2 forecast market is moving higher on bad economic news, bad earnings reports, anthrax scares, etc. Q and ENE are sure bets to the downside. "plus msft has some stuff planned that is suppose to hurt them bad" what "stuff"? got the link for that info? TIA earnings out on nov 13. that should tell the story.

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