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Re: Windfall Magic post# 684

Sunday, 12/06/2009 11:09:59 AM

Sunday, December 06, 2009 11:09:59 AM

Post# of 56720
Tough one to answer. One would think there has to be some pullback unless there is some amazing news. Take a look at Clay's chart. The RSI is > 90 and there is a gap that needs filling. Not to mention profit takers. Check the MCLN chart from last week. They had a pullback and then some.

However, GCKO has a much smaller float than MCLN, so its not apples to apples. I think a pullback to the mid 0.02's is possible depending on news/PRs, of course.

Then again, most of the big blocks came in @ 0.015, so the mid twos is not enough of a profit.

Like I said, tough to call. We'll have to see on Monday.