Sunday, August 05, 2007 11:55:15 AM
texdc, i want to put the pics up when the support is most needed, AND when the mms will actually allow buying pressure to move the stock up. you thought the pps was getting ahead of itself a few days ago. that's why you were calling for a pullback, right? well... it looks like we got that.
now i'm looking for signs of a bottom, which ought to come soon enough given where we are in relation to earnings. eventually, market forces will want to move the stock higher. and as soon as i see the new uptrend beginning i'll put these pics up. that's not me "hyping a top", that's me supporting a bottom when good, solid DD will actually have a positive effect, and help to sustain the next run.
meanwhile, anyone who is in the mood to flip-out at this level can just hit the exits. fine by me.
now i'm looking for signs of a bottom, which ought to come soon enough given where we are in relation to earnings. eventually, market forces will want to move the stock higher. and as soon as i see the new uptrend beginning i'll put these pics up. that's not me "hyping a top", that's me supporting a bottom when good, solid DD will actually have a positive effect, and help to sustain the next run.
meanwhile, anyone who is in the mood to flip-out at this level can just hit the exits. fine by me.
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