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Re: None

Friday, 03/26/2010 12:04:19 PM

Friday, March 26, 2010 12:04:19 PM

Post# of 64330
The thing about technical analysis that is upsetting to most, is that its image can be left open to multiple interpretations.

What appears to some as a "Flag or Penant", could be viewed to others as a left side of a building Descending Triangle".

Over the last 3-days the following image of the price pattern could be interpreted as a "First Minor Leg up" of a 3- Leg up move toward $1.20, as an example.

Others may view it as a minor wave a,b move, coming down from
.15c 2-days ago.

That's what makes a market......different interpretations.

http://realtime.bigcharts.com/chart.asp?symb=CCTC&time=5dy&freq=15mi&compidx=aaaaa~0&lf=268435456&ma=0&uf=0&lf2=0&lf3=0&type=4&style=330&size=3&mocktick=1&35736