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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 690.38

+0.4%

Dec 24 4:00 PM EST

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To: Johnny Canuck who wrote (40484)	12/19/2003 10:46:12 PM
From: Bill Cotter	Read Replies (1) of 69218

Hi Harry; The reason for the recent weakness in RFMD is that it is being dropped from the NASDAQ-100 index. There could be more pressure as funds that track this index are forced to unload the stock. It seems strange that it's not mentioned as a news item for this stock. I found this out on the RFMD thread. Message 19597482 I have been averaging up 7/7/03 6.24, 8/8/03 7.27 and 12/18/03 9.83. Bill C.

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