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The NASDAQ tried to rally during the course of the week, but as you can
see gave back most of the gains. In the end, we ended up forming a
shooting star which of course is a sign of weakness, but we have enough
support below that we do not feel that the market is ready to break
down. Quite honestly, we are more than willing to buy somewhere near the
4350 level in order to take advantage of a significant support level,
and as a result we feel that the market will eventually break above the
obvious resistance at 4500.
