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Re: None

Friday, 08/18/2006 10:59:07 PM

Friday, August 18, 2006 10:59:07 PM

Post# of 44374
I have to say that I am impressed with the way Gte's share price handled todays pr. I know that every thing says GTE was down 6 cents today compared to yesterdays close, but if you actually look at the opening this am and this afternoons close, than you will see that Gte actually closed unchanged.

IMO, this was a huge plus when it comes to the charts, the early morning panic selling was overcome by people that realized that todays pr was a non event. The overall weekly gain was .07 cents which closed the chart above the 5 week moving average for the first time in forever. I still maintain that if next Fridays close is above this Fridays close, a new trend has been started. Which means GTE has started a new uptrend.

Next weeks trading is critical as to the future Sp of GTE, I for one will be watching closely.


GTE has overcome some very negative news all week, Next week should prove to be very interesting.

Good luck to all.

WT

"Everyone has genius in them, you just need to find out what it is" Robert Kiyosaki
http://www.investorshub.com/boards/board.asp?board_id=4809





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