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To: The Freep who wrote (128034)	1/13/2006 5:46:53 AM
From: skinowski	Respond to of 209892

Emulex doesn't look too hot. It came down very hard off the top in early 2004, and has been recovering, but in a grindy fashion. Failed to recapture last September's high. Last 2 candles were a doji, and yesterday - a nearly-engulfing bearish thing. Short term, at least, ELX looks like an acceptable short, with the line in the sand at yesterday's high.

To: The Freep who wrote (128034)	1/13/2006 11:21:20 AM
From: Henry J Costanzo	Respond to of 209892

NTAP, QLGC, ELX.........Agree all should work higher, Freep..... All may be hitting some R here, so you may be right saying "not immediately". IMHO ELX may be in strongest ST technical shape......Should watch here for breakout from triangle pointing to high 20s. (Reminded of some wild experiences I had with this issue in the late bubble years..gg)