Nov 4, 2004

Two more thoughts

I also just noticed the crushing that took place in RIMM yesterday. Along with GOOG I would say that points out a pause in the run up. These moves will draw the attention of momentum traders and make it difficult for stocks to March upwards in the face of an overbought condition.

KLAC is under the gun today with a brokerage downgrade and I would guess the pullback works to fill a gap between 43.5 and 43.

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