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Bearmove

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Bearmove

Re: connor26 post# 398310

Monday, 06/06/2005 1:34:45 PM

Monday, June 06, 2005 1:34:45 PM

Post# of 704019
$16.89 is the breakout point. As for support, $16.63 is the 1st level of support. $16.49 is the 2nd level of support. I think the key will be the earnings warning season. We're now in the slower months for techs so a pullback may be in the cards. On the other end, we're seeing record short interest so the spin doctors could find a way to create a massive short squeeze with the NASD. I personally would play this defensively. If you buy here set a stop at $16.47.
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