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Re: techlover post# 377

Monday, 10/12/2009 6:41:03 PM

Monday, October 12, 2009 6:41:03 PM

Post# of 15638
Anybody notice the US markets, SPX at least, has been up 6 days straight! This market and CABN bear (pun intended) close scrutiny this week. We have financial earnings reports this week and options expire Friday and the markets are very near yearly highs. CABN is very near to busting out over and above a prior support at about .15 if I am reading the six month chart right, support that had turned into resistance. Timing may be perfect for this stock to run back up to the .30 level very quickly, unless the financial earnings reports are real bad, and the markets head south. Both are poised to make a big move starting later this week.
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