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Looks like they are beginning to shake the trees and make charts look bad
before the markups/markdowns.
Semi's under heavy distribution under a benign INTC+MU smokescreen. Look at
ADI, ALSC, XLNX, LLTC.
Retail: Is this the bottom? They get punished into rising rates, then rally
into falling/steady rate anticipation.
Watching MER. Currently turning red after rallying off breakout pivot.
Aside - if everyone knows its markup time, why doesn't somebody big fade the
move?
Gitanshu
No positions. And a chart for T-Bondo.
Attachment Converted: "f:\eudora\attach\newp0627.gif"
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