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Re: Long-vestor post# 1750

Wednesday, 10/31/2007 5:09:40 PM

Wednesday, October 31, 2007 5:09:40 PM

Post# of 8313
It's true, no EOD run-up... but, hmmm. Well, I suppose it depends on how much of a conspiracy theorist one is, as to whether to believe in "them" reading our posts or performing wiretaps to explain this phenomenon of the deviation of a short-term EOD pattern. lol I think I'll vote Nah to that one.

Anyway, I think that this period of consolidation is not only good for the chart, but it is quite healthy considering the precipitous rise in price over the last several weeks. Though a bit overbought, I'm pretty sure it's about a 50% re-tracement of the most recent move, which prepares us for another up leg with a good PR next week. I'm kind of amazed the price has been so resilient at support, but I guess that points to the quality of the company, and perhaps also the quality of the investors and their DD.

GLTAGS


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