Rite Aid Corp (RADCQ)

[Tmguns]

Hacktheripper,

nice chart you put up, I'll go on the record that its unfortunate RAD put earnings out right on the cusp of this market pull back. Personally I feel we got ripped off on a move that should have taken us well past that line of resistance, hence, we are treading water the past few sessions redistributing stock with lower down volumes which signify that we aren't going to plumb some lows down around that 6.25-6.50 area, 6.73 being the emotional low downdraft.
We have had a DOW outside monthly reversal just the other day which is very uncommon in market charts, which signifies we are on the cusp of another leg up in these markets, unfortunately nervous nellies will be hitting the exits today in lieu of Easter etc.Next week should be a great week in stocks like Art Cashin's said on bubblevision, the only guy I give credence to.
So, I'd say lock and load on any pull back today, I loaded up in the 6's.
I'd also like to allude to the fact that I don't like all those trumpeting calls of go long because of 8.00-850 price targets. I see huge blocks being unloaded just 5 minutes after the bids are raised only to falter.Never trust investment houses heralding as such.