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Re: zvester post# 1849

Thursday, 03/13/2008 12:39:37 AM

Thursday, March 13, 2008 12:39:37 AM

Post# of 1899
I really like HURN right now, it looks like it is trying so hard to gain back what it has lost.

I'm assuming the pole you are referring to is the sudden drop in the pps??

I've not done much research on the company itself so my opinion is based strictly off the charts.

Looks to me like it was a panic sell off. The price starts falling and those holding panic and dump what they have to cut losses, as more do this it just snowballs. IMO the markets had a big influence on this as well. HURN did an extremely quick turn around off bottom and has been gaining back nicely. I love these types of plays, many refer to them as a falling knife and they can treat you pretty bad if you jump in before the bottom forms. I look for more gains out of it over the next week or so. All my opinion and interpretation of course.

We just have to be careful right now as the sharp drops and big gains over the last couple days can make a chart extremely tricky to read and most are running with the dow not on their own merit.


A tornado is like a stock, it takes just the right conditions to form a huge one but once it forms, nothing can stop it!
my posts are only my opinions, nothing more

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