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Re: BIGWAVEDAVE post# 13902

Friday, 03/16/2007 4:57:40 PM

Friday, March 16, 2007 4:57:40 PM

Post# of 42619
bigdave- take out a chartbook like the s&p option guide. Take a page of i year history and cover up the last 6 months of the chart. Then go to the smartest chartist you know(FA perhaps) and ask him to fill in the chart to show what happened to the pps. i bet they can not simulate the actual results. Notice also how the indicators are usually divergent so that any result can be justified. Better to use the horoscope for the month a company went public.That being said I think the bollinger bands here indicate a upward move next week.