Zeev's Turnips Patch-No Politics (ZEEV)

[langostino]

zeev - sometimes, sometimes not

you really can't know what kind of impact the supply/demand imbalance created and what an aggressive management might do. yes, generally, "healing time" is in order, but not necessarily so when the weakness was a very temporary artificial construct.

For an example of such an exception see: OSTK

And if you wish to know the very interesting story behind that move, you can get that here ...
http://www.investorshub.com/boards/read_msg.asp?message_id=2535914

Sometimes the technicals can tell you what's happening with the fundamentals before the information surfaces and reaches us in the "general public". And sometimes the technical movements are just a function of so many people feeding off and playing technicals that they create all kinds of self-fulfilling prophecies. But there are also instances where the news and fundamentals creates the technical action, and is known.

I don't mean to start a major back and forth over the value of pure blind charting and technicals. Suffice it to say I think they are not definitive in a vacuum, nor an end to themselves.