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Mr Nasdaq

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Mr Nasdaq

Re: Little Chico post# 30236

Sunday, 05/07/2006 12:26:39 AM

Sunday, May 07, 2006 12:26:39 AM

Post# of 79025
Chico,

Let's face it.

Between Monday's succer punch (heavy volume sell off which started at 3:15pm) and Friday's "gap up" on the "Jobs Report", it was a difficult trading week.

Nevertheless, traders who ventured a purchase at Monday's and Wednesday's area of "Gathering Support" between $41.33 and $41.39 ended up with at least one good trade for the week.

I guarantee that a lot of traders were dumping their shares at a loss on Monday, Tuesday and Wednesday...just when they should have been buying.

Buy at Support

Sell at Resistance

*
*
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