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To: Jim Willie CB who wrote (24063)	6/29/2000 3:22:00 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 35685

brief TA on Nokia: strange fanning pennant indicates volatility this chart is the strangest expanding pennant pattern I have ever seen since February, you have higher highs registered sequentially but 45 is a base support level that was almost touched today that 45 level was first established in January2k two weeks ago a textbook bearish divergence was displayed as new highs were put in, using daily stochastics (higher highs, but on daily basis not holding those intraday highs very well) this is a strong sell signal showing weakness amidst heights low today for NOK was 46 even, close to the base if 45 base breaks, look out below it could easily bounce off 40 but a freefall looms below that 40 level not saying it will go down there the expanding pennant pattern speaks loudly of indecision on the future of this firm, a deep conflict the conflict aint hard to discern: - leadership market share - no CDMA presence (fastest growing wireless standard) anyone is free to join in, since I know some own NOK cloudy day, slightly depressing, QCOM on its back perhaps I need a nap in the fetal position / Jim