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Gregory_

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Gregory_

Re: Gregory_ post# 98

Monday, 02/11/2008 3:50:08 AM

Monday, February 11, 2008 3:50:08 AM

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CENC. The sideways action 1-2 days after the call would definitely have justified a sell. If it trades sideways for 2-3 days, the stock reversal seems to be unlikely. Will watch for more of this pattern. Also, note that the stock closed below the prior long real body's close. When this happens, the stock seems highly likely to continue downward.

Understand the present. Create your future.

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