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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (29250)	10/1/2001 9:04:02 PM
From: Tom Pulley	Read Replies (1) \| Respond to of 30051

Zeev, when you say that CCMP will break down below 43, how did you get 43? I would have thought more like 38-41 as support that we don't want to break. You don't usually miss, so I'm just trying to learn how you picked 43. It sure looks like it could break 43 if the Nasdaq goes back to 1400. Tom

To: Zeev Hed who wrote (29250)	10/3/2001 4:08:47 AM
From: LTK007	Respond to of 30051

<BRCM printed a new low as well.> yes i see it broke 4/4 low---also looks like a massive H&S breakdown--this could go back to it's IPO price---as you scan these stocks the wreckage you see is incredible---those that didn't bail,what can you say--HAND and PALM,can they get lower??. I know one fellow that rode BVSN from 2 to 87(that is splits corrected) and it is now 00.88,and he never sold a share.Nice guy also,just had that mindset--"buy and hold,don't try to time the market" that WS preaches and preaches but rarely practices. I have to wonder how many like him are out there?Max