Saturday, June 24, 2006 11:28:25 AM
was pretty obviously not brought brought about
by the PR's message ...
the spam fax that was sent out(and I have not seen it)
to as far away as the WEST Coast(a friend said he got
one at his business) brought an enormous cache of
fresh meat (I mean new investors) to the grasslands
of the Serengetti for the Lions and Cheetahs ...
if you look at the candlestick chart Link below it displays
3 gap up days (gaps are most often retraced to and filled)
with Fridays mkt activity (dark candle) closing lower .23
than the open .2375 ...
http://www.candlestickchart.com/cgi/chart.cgi?symbol=erug&Submit=Analyze
so I would expect some very normal profit taking next
week to fill the gaps (.17-.20) & (.21-.23) and short
timers taking their nickels to Mickey D's and Burger King
but you never know with the craziness of the mkt
the trades were hundreds of small bets 1-20K instead of
larger blocks (50-100K's) placed by bigger players
or institutional traders ... have a great weekend !
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