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Technology Stocks : Brillian Corporation
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To: TT who wrote (163)3/2/2007 11:11:18 AM
From: Tom Caruthers  Read Replies (1) of 361
 
I lightened up on BRLC. To your point, there has been a lot of good news and BRLC hasn't responded. But I did it mainly to reduce my stock exposure, just in case the market drops more. It could just be that because of the market, there has been net selling - even on good stocks. The chart, however, shows a down sloping triangle, typically a bearish pattern, with a pivot point around $8 - where we are now.

If it falls, I'll try to buy back my shares. But in a down market, I'm not planning on being a hero.

Tom
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