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Date Posted: 07:37:31 04/29/00 Sat
Author: Marty
Subject: Pattern
In reply to: warren 's message, "Re: EXTR" on 12:47:55 04/28/00 Fri

Seems to be a pattern in place. Good news and earnings as well have delayed action of 2-4 days. Tlxs makes a huge move several days after some quite positive news. The meet the street on earnings gives a plunge with support level, whereas anyone that shows great growth but higher than expected losses (usualy not a prob) now is worth a drop of 35% off their normaly support level. Rbak and Ntap among others are showing regular huge swings, as much as 80%. Do some weekend research on this type of action on your watch list, keeping in mind the resistance and support levels being astablished on the nas itself. Looks like a strong possibility of last years pattern of dive in April, bust out in May after a lot of great sideways movement, pull back hard coming up on the Fed meeting with recovery if there is no surprise at the fed.

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