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Re: None

Thursday, 07/09/2009 11:26:46 AM

Thursday, July 09, 2009 11:26:46 AM

Post# of 127409
Looking at the chart, its interesting to me that the bottom bollie really only stabilized around the first part of April. We now know it was at that time that Mac and BS were starting to get things going behind the scenes. On April 20th the bottom bollie pinched and we channeled between .0002/.0003 until the bollies seperated around May 24th or so. During that channeling we had 17 consecutive days where the parabolic sar was under the candlesticks which is considered an upward trending indicator. Then the bands seperated and we basically "rode the band" from May 24th or so, to June 9th or 10th and at that time we came back inside the upper bollies. We have been basically channeling since then and its only been in the last few days that the bollies have tightened, which is again, a stable sign. we have had the parabolic sar underneath the candlesticks for the last six consecutive days, an upward trending indicator. We are stable about 930% above our last point of stabilization. I think it is important for people to realize that charts also react to "behind the scene" moves. Consolidation/churning/channeling, whatever you would like to call it is very important to the overall strength of a stock and if you've looked at the chart compared to what Mac and BS have done behind the scenes you will see slight signs that show strength, even on the days we dip.
So to all here who are worried or disappointed, I would say to look at the history and see how stable this stock has become since Mac has been on the scene and you will start to believe that maybe, just maybe, BS knows EXACTLY what he is doing. Ask yourself this, after looking at the recent history do you think it's possible that BS has a chartist around to tell him when it's time to drop the bomb? Because in my eyes, they have done a terrific job so far.
GLTA
masko

PS: I have yet to figure out how to post a picture of a chart, so here is a link to it:

http://stockcharts.com/h-sc/ui?s=SYNJ&p=D&yr=0&mn=5&dy=15&id=p28240895630&a=169015548

"Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment."