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Non-Tech : Raptor's Den
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To: sandeep who wrote (1078)6/12/2002 2:01:20 PM
From: velociraptor_  Read Replies (1) of 10157
 
There shouldn't be a runaway move. Daily is back to overbought, and the move off the low is by no means impulsive...in fact each successive wedge up has broken down to below the top of the previous wedge which implies a bearish rising wedge is forming.

Adding short near 55 would be a gift.
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