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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (134593)	7/20/2006 9:04:17 PM
From: skinowski	Read Replies (1) of 209892

Like MC, I think there is a lot to be said for the theory that GOOG is in a triangle starting at the Jan top. May 19 bottom at 360 (presumed Wave C) is critical support. A safe(er) play is to buy the breakout if it happens, rather than bottom fish near here. I own a small position... may nibble a little if it looks like it's looking for a bottom... but not much. Broader market atmospherics are tricky, to say the least.

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