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SDLI becomes the 2nd of the recent canslim breakouts to be taken out of
circulation.
I wonder if the market knew JDSU was acquisitive. It began with a huge block
trade to sell at $125. It followed up with a trend channel break. It stayed
followed up with failed rally attempts while the rest of the Naz took off.
Chart attached.
Gitanshu
Disc: Long SDL.
Attachment Converted: "f:\eudora\attach\snap75.gif"
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