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To: Henry J Costanzo who wrote (134591)7/20/2006 7:34:49 PM
From: Shack  Read Replies (3) | Respond to of 209892
 
I do not like the GOOG chart nearly as much as you guys, at least not short-term.

I think the upwards corrective chop from late May through June is about to be fully retraced and lead to another wave down like the one we saw in late April though May.

I see 330 being tested, and perhaps even last October's gap closing over the next few months.



To: Henry J Costanzo who wrote (134591)7/21/2006 12:09:40 AM
From: jjstingray  Read Replies (1) | Respond to of 209892
 
Yes, the question is for Goog, which way does it break. Also, does it turn into an A-E triangle and break up huge. I doubt that scenario, but you never know.

Qcom just cannot get out of its own way. That thing looks broken to me for a while. The triangle I was following I have pretty much given up on.


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