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Re: Sprycel post# 46351

Sunday, 03/18/2007 9:05:50 AM

Sunday, March 18, 2007 9:05:50 AM

Post# of 202893
cdnkid - ETIM doesn't HAVE to retrace! Look at a 1 year chart for FRPT back in May 2006 when it first took off. Eight days (!!!) straight up before the first retracement, and then it was only a 10-15% pullback. Or, try HMGP from mid Dec 2006 to mid Feb 2007 - TWO FULL MONTHS (!!!) of moving up with no pullbacks, the only thing it did was trade sideways a few times for 4 or 5 days. Better still, there are several 10-12 days periods of 'straight-up' (!!!) during mid-Dec to mid-Feb ...

I'd love to see any of those outcomes for ETIM right now - and they coould be possible, why not? Sure it could also pullback now, but maybe not. The chart is certainly very strong technically right now ...

Nothings is certain in the market, even much less so for pink sheet pennies! wink

JMHO, GLTY
Opp
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