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Technology Stocks : Full Disclosure Trading

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To: Jacob Snyder who wrote (332)	4/26/2002 1:55:06 PM
From: Return to Sender	Read Replies (1) of 13403

All the following are simply my opinions. This selling is close to done although the SOX could fall another 4% or so. Why do I think the selling may be done? First volume is very high again. Especially for a Friday. Consider AMAT for instance has already exceeded its normal daily trading volume. That is one indication that this overdone selling may be done soon. There are others. The VIX has already found its way into overextended territory and should not be capable of rising much higher. stockcharts.com[h,a]daclyyay[pb50,200!d20,2][vc60][iUb14!Uk14!La12,26,9]&pref=G However the NASDAQ and the SOX both look like the could fall a bit further. I look for 500 on the SOX to serve as strong support. stockcharts.com[h,a]daclyyay[pb50,200!d20,2][vc60][iUb14!La12,26,9!Uk14]&pref=G We fall that low and it could help turn these stock back higher with a firm bounce by Monday. Anyway it seems like we all got overly invested too soon. I mean anyone buying long recently. Lets hope we don't pay too high a price for that. RtS

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