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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?

To: country boy who wrote (1041)	4/5/2000 8:57:00 PM
From: Duane L. Olson	Read Replies (1) \| Respond to of 4564

Way to go, CB.... I had other things to do today, so mostly missed the excitement. I'm looking at the weekly on the Naz, and not finding it encouraging: siliconinvestor.com Appears that if there is the slightest weakness on a retest down to 3600, we could test 2900. I'd call the upside 4440. So we are probably range bound between 3600 and 4440, with a risk down to 2900 if the next test of 3600 doesn't provide strong support. OK, let me look at LSI Weekly: siliconinvestor.com The old support was at 53 -- LSI came right down to it and rebounded strongly. Most likely scenario calls for a retest of 53 or something (hopefully) slightly above 53. Weak support at 53 and we are at 45... same scenario. Guess I'll watch the action until I have to make a decsion on the 53 retest -- with a bias towards picking up at least half my position. Failure of the 53 support will call for picking up an overweight position at/near 45. siliconinvestor.com CONGRATS! on the moves... you do good. I am now 64% in cash. Go get 'em, CB! tso