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Surveillance: Tech Stalling, says Verrone

Bloomberg Surveillance

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The Importance of Trend Following

Two, three, four weeks ago, we got what I would only characterize as blow off leg volume in a lot of these semis. It very rarely marks the top, but it can begin the sequence of putting in the top. And you were doing about a month ago, you were doing four or five average week, four or five times average week volume in NVIDIA, AMD, Avago. So some of those makings there are a very blow off e-type volume.

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