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Strategies & Market Trends : Classic TA Workplace

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To: ajtj99 who wrote (43020)	6/25/2002 2:05:51 PM
From: bcrafty	Read Replies (1) of 209892

ajtj, they just reported last month at their last earnings report that they expect a great 3rd and 4th quarter, and the raised their guidance. They went down to 38 the day of the announcement, and took off the next day. Within six trading days they were at 53. I know of no news/rumors that could be causing their drop today, though. But I notice their longer term recent lower trendline around 40 broke today, so maybe the technically minded are shorting it.

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