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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 677.56

-2.0%

4:00 PM EST

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To: Return to Sender who wrote (37661)	7/16/2002 5:15:58 PM
From: j g cordes	Read Replies (1) of 69886

I'm not getting whacked out over INTC being under or over analysts projections. The stock's price varries far more than the expectations variance.. its how it trades tomorrow. If its down, then breaks a support level, then we're still not ready.. if it recovers from what appears to be bad news (or dissapointment) then that's good, especially if it recovers from a poor opening and closes even or above todays close with good volume. Rallying on poor news is good news for trading long.

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