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Monday, March 03, 2008 1:27:51 PM
"The stock has been making a very good base and trading up and down in a range builds strength and leads to a more sustainable break out down the road."
Ha ha ha! Dude! If you aren't Richard in another garb, you are his twin. This is exactly like the stuff he kept saying while it was 'basing' between $5 and $6. Again, this is NOT necessarily bullish. Price restriction and or triangle formation DOES lead to a stronger break...but this break may be either a breakout or breadDOWN. Yeah. It's been trading up and down in a range...from 55 cents to $10! Just like JDS Uniphase has been trading in a 'range' between just over $1,200 per share and $12.00 per share. Jeeze, this should be REALLY bullish when that breakout comes. I just hope I'm still alive to experience it!
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