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Tuesday, March 21, 2006 12:15:40 AM
You know, I want to say this one will retrace, and I think it will...but so far, the retracements have happened in a matter of minutes or hours - LOL, two half-hour 50% retracements in as many days.
That is most unusual IMO. I think peeps are in flip mode right now, and with news coming on Friday, I don't see an extended down period. If it drops during the day, someone will buy it back up.
The gaps are all filled, everything appears very orderly. The upward channel is INTENSE, reminds of BCIT last August. That one only stopped when the SEC halted it.
The above is merely my opinion - even a broken watch is correct twice a day.
Good stocks are obvious. Extensive DD is how you convince yourself to buy a bad one.
>^..^<
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