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Re: fringe_remnant post# 72005

Thursday, 09/14/2006 12:27:50 PM

Thursday, September 14, 2006 12:27:50 PM

Post# of 311057
Fringe, about direction

I respectfully disagree with you that this is strictly a crapshoot. If it was, I would not be here. If I actually enjoyed shoting craps or playing casino games I would just go to the casino. From my experience in investors' behavior and reading charts and anticipating events in advance of news, direction is something that I believe you can in fact discern. Look at it this way, those people who doubt that SLJB is for real and that the numbers will propel it higher next week have most likely bailed by now. There were a number of down days and weak sideways trading days preceding the anticipated release of the audit. Ample time to bail. And yet the stock has traded sideways... believers replaced by non believers and no downward spiral of the sock, infact a climbing patern has been established. Now in the absence of news through Monday, you are telling me that people are just as likely to bail out on Thursday and Friday as they are to buy. By what logic do you come by that? I say they would have bailed already. Hence the only momo that I expect to see between now and release of news is up. Do I know it with absolutely certainty? Of course not. But it is a crap shoot? Of course not again -- it's an educated assessment based on my experience in watching charts and trades.