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Wednesday, 02/20/2008 12:11:13 PM

Wednesday, February 20, 2008 12:11:13 PM

Post# of 51429
Some chart analysis now:

If you will look at the wicks on the candle sticks you will see that most of them are upside down. This is selling pressure. There are sellers coming onto the market looking for the best bid for their shares. They seem to predominate the market. If this were an uptrending stock the candlewicks would be right side up with the buyers predominating the market. These upside down wicks are sellers exploring for bottom feeders who are willing to bite. The flippers actually provide the liquidity for the shares, because they are looking for dead cat bounces. There may well be a dead cat bounce from here, and some flipper will make a penny off my sale. The flipper will use his real time diagnostics to sell, then the next wave of sellers will cause more upside down candlesticks to form. Then we will revisit he 5's. Eventually the inverted candle sticks will explore the 04's and the longs will console themselves with the rectangles in the 05's while the wick is exploring the 04's.

This will not be a promising stock until the wicks change direction. Gotta go.

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