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Strategies & Market Trends : Position Trading

SPY 686.19

-0.5%

Feb 4 4:00 PM EST

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To: Copeland who wrote (79)	1/16/2007 9:28:58 PM
From: Copeland	of 134

BRCM looks like a dog. Planning on ditching it on the next upwards bounce. I have a pretty big position in PFE which should offset some of the losses in the silicon stuff. Continuing shorting NEM -- fortunately enough gold is down to $623 in afterhours trading. Lots of institutional interest in INTC pre-earnings. The spin tomorrow will likely center around the fact that Intel has essentially reached rock bottom and can only go up from here, especially since they beat estimates by 5 cents. I'm looking for a possible temporary fall and then rise. The international stuff are more long term plays and will probably stay in the "investment" category in the end. Kinda like my "investment" in RTK eight years ago. LOL. Getting off my soapbox now. Copeland

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