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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (111308)1/6/2005 4:09:44 PM
From: The Freep  Read Replies (1) of 209892
 
Yeah, yeah, MC. So you were right <g>

It's hard to find anything remotely bullish in the charts. Bios had an okay day (before a last 20 min slide), but even there the BTK looks like it retraced 50% of the down AND backetested the breakdown. If the bios aren't up strongly tomorrow, they look as toasted as the next guy.

BRCM continues to puzzle me. I would think it's a great short if one thinks we're still heading down. Does it bounce first with the oversold bounce? Or does it continue to be in its own small universe.

the freep
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