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Re: OptionsBoy post# 54416

Tuesday, 08/04/2009 4:26:57 PM

Tuesday, August 04, 2009 4:26:57 PM

Post# of 343889
Over the rest of this week, I anticipate us to continue trading between the 50MA and the 200MA as that trading range gets tighter and tighter. I also anticipate FANC to be finished doing what he is doing by the end of the week or sooner.

At that time the chart is setup for a major breakout.
Once FANC finishes up and drops off the ASK for good, that alone should send the pps rising.

As I have stated before, consider this:
I predict this will start early to mid next-week given the hypothesis FANC has a certain number of shares to sell and will be finished sometime this week holds true.

1st. We will break the 200MA. Bullish signal
2nd. We will break the SAR. Another bullish signal
3rd. The 50MA will cross the 200MA with another intense bullish signal.
4th. We will bust out of the upper end of the uptrend channel. Yet another intense bullish signal...

After that the "sky high" may become a reality.