Monday, November 24, 2008 6:41:45 PM
TODAY....afew thoughts and TA.
TA.
Broke thru 4 levels of resistance 21.00,21.76,23.60,25.52...
next layers of resistance 26.00,26.45,27.14,27.84....after we pass thru 28... 30 should not take long...then..we move up into new territory.
Today’s chart at the top of the IDCC -. I=HUB page
Demonstrates a perfect breakout
Market trends will have less to do with how IDCC moves until impending news is released .At that point TA will be more helpful.
THANKYOU….
I am very grateful to the many contributors on this board who over the years who have
motivated me to continue to increase my core position in IDCC…..much to my wifes chagrin. .
God knows how many times she askd me to .. "sell it.. " or "you love that stock more then me"…. to which my reply has always been….lol…"you are both very much the same…and I’d sure like to keep you both"
DISCLOSURE
. I sold all of my equity positions except IDCC in July of this year…. IDCC has dramatically out performed the market this year …and baring any bad news..it could be the darling stock for 2009….Wait till the Media gets a hold of it…
Watch for my MEMORY LANE post.
As always your thoughts and coments are welcome.Alley
TA.
Broke thru 4 levels of resistance 21.00,21.76,23.60,25.52...
next layers of resistance 26.00,26.45,27.14,27.84....after we pass thru 28... 30 should not take long...then..we move up into new territory.
Today’s chart at the top of the IDCC -. I=HUB page
Demonstrates a perfect breakout
Market trends will have less to do with how IDCC moves until impending news is released .At that point TA will be more helpful.
THANKYOU….
I am very grateful to the many contributors on this board who over the years who have
motivated me to continue to increase my core position in IDCC…..much to my wifes chagrin. .
God knows how many times she askd me to .. "sell it.. " or "you love that stock more then me"…. to which my reply has always been….lol…"you are both very much the same…and I’d sure like to keep you both"
DISCLOSURE
. I sold all of my equity positions except IDCC in July of this year…. IDCC has dramatically out performed the market this year …and baring any bad news..it could be the darling stock for 2009….Wait till the Media gets a hold of it…
Watch for my MEMORY LANE post.
As always your thoughts and coments are welcome.Alley
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