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Re: newsmile post# 1553

Thursday, 03/23/2006 10:36:48 PM

Thursday, March 23, 2006 10:36:48 PM

Post# of 42586
my 2 cents. resistance/support are technical terms for reading charts. resistance usually is a price in which a stock has a hard time breaking through (for instance fmnj is about .005). usually the charts will show this with past declines. Support is the opposite in so far as it is a point (price wise) that the stock will not drop further. It's all in hindsite though and is a good guessing game.
Good for u though with 2 mil shares. I think u'll do well.