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Strategies & Market Trends : Trend Setters and Range Riders

MSFT 485.49

+1.8%

Nov 26 3:59 PM EST

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To: Bob Biersack who wrote (21585)	7/31/2002 8:04:49 AM
From: Susan G	Read Replies (2) of 26752

I was watching that run from the beginning.. they took out all the stops through several resistance levels...only to tank them on news from Israel. Feel sorry for anyone with a stop, they covered at the highs...ugh. What was really interesting was they were flat to down all night, and then explode at 5 am. Looked like another PPT prop job that got out of control, I was thinking that maybe the GDP news is so bad they thought they had to cushion the blow first? We will see...but some of the action in the futs at 5 am the past month has been very unusual, (suspicious!) to say the least (g) Another explanation for those who don't believe in the PPT (g) is the dollar was ramping at the time, due to the EURO tanking. Short squeeze going on in the USD right now. Any strong buy upgrades on KLAC yet <g> I'm amazed at one of their comments, the one where they said they have no visibility, cannot give ANY guidance, yet they are sure growth is coming in 2003 and 2004. LOLOL!

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