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Strategies & Market Trends : Technical analysis for shorts & longs

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To: Johnny Canuck who wrote (37387)	6/21/2002 2:12:30 PM
From: Logain Ablar	Read Replies (2) of 69925

Harry: I expect a blood bath. So many I talk with are still holding positions and fully invested. Its the financial planning system thats taken route in this bull market over the years. Stay invested for the long term. They forget about preserving capital (of course since some gtc's in entu and emc hit over the last two days I too am more invested). One acquaintace still holds IBM. Its had so many triple bottom breaks lately. Just won't sell it. When the general populace starts to sell these the bottom is in (not sure when that will be). Also mcdta had a nice presentation this week. Mgmt feels last qtr was a bump and this qtr is tracking along forecast and they are not seeing the difficulties they saw last qtr (it was IBM not EMC that was the problem last qtr, all thought it was emc). Separate note CT saw an increase on jobs last month. 1st time in over 2 years Tim

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