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Strategies & Market Trends : TA setups-ex th traders -- Ignore unavailable to you. Want to Upgrade?

To: zhaque who wrote (6453)	4/9/2005 12:03:39 AM
From: robb3267	Respond to of 7682

Zyat agree...a break of our key trendlines would be quite bearish. All the major indices continue to use these as support so if they break things could get interesting to the downside. Very short term we did a slight breach of resistance but then turned tail. The chop and whipsaw continues which is quite typical when at/between the 50/200 SMA's. Carried AAPL over until next week but will be out ahead of the report. Exited ADSK as its nearing its objective and proactively stopped out on ADBE to play it safe. Semi's remain on hold until 420-22 gets taken out. Continue to play cautious in general until we get some type of directional move. Still a lot of nice looking patterns but will the market hold??? Have a great weekend.