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To: Clappy who wrote (37804)5/3/2002 9:47:12 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
AMGN appears to be the crash du jour. As with other biotechs, multi-year patterns and support caving there. Maybe AMGN wants to finally fill the gap at $23!



To: Clappy who wrote (37804)5/3/2002 9:49:53 AM
From: Paul Shread  Respond to of 209892
 
A lot of people focus on 114 USD as some sort of H&S neckline; IMO the biggest support is already gone.

cache.wsrn.com

1626-1628 is a big support on COMPX:

cache.wsrn.com



To: Clappy who wrote (37804)5/3/2002 9:54:28 AM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
In keeping with my simply plan to get a little longer as we hit 1200, I will be pulling the trigger on a few things at NDX 1185-1195.

Below that and my setup will die and we head to the September lows.

Given the lack of fear, this would be for a multi-day relief bounce only. I had hoped it would be for a longer hold, but the market can not advance for very long from these sentiment levels.


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