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Re: WPOSullivan post# 9199

Monday, 12/14/2009 7:57:11 AM

Monday, December 14, 2009 7:57:11 AM

Post# of 11147
I agree to some extent charting pennies and sub’s is sometimes hard. However I can say one thing most pumped stocks I’ve seen once I’ve ran them through the charts I would never go near them. Almost all of them…. buy the time you get alerted are showing a downtrend in the charts. You are being alerted so the pushers can clear their positions. So if you’re into pennies charts are a must in my eyes. Pumpers are nuts to use charts, charts only state the facts. So if you know how to read them you can clearly see what’s real and what’s most likely being manipulated to some extent.

I do use them all the time on stocks like BAC,XTXI,VALE etc to pop in and out. Prime example is BAC mid last week it clearly pointed to a change as of Friday it started to move and today it looks to continue gaining.

But in the end to each their own.

B

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