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Re: sl62 post# 23603

Friday, 04/02/2010 11:48:35 AM

Friday, April 02, 2010 11:48:35 AM

Post# of 55137
In your opinion, how much resistance are you expecting the ma200 to put up? Worst case scenario, I am seeing this retract back to .003. The reason that I state this is when you look at Baggers annotated triangle, the triangle is not pinched yet. I think, personally, that this trangle is more acurate because it has a more truer (if that be the word) base (bottom).

Bottom line, is if the company does not come through with news on Monday and Tuesday, I see the sp retracting just a little forming a tighter triangle; which is not a bad deal. If news does come out Monday, then the 200 should not be much of a problem. Just wondering what your thoughts are on this. Any other opinions? Alamo? Baggers? Anyone?

I REALLY like the way that this has been growing with lack of volume. I think that it shows breakout is eminant. This could very well show that the .002s (especially mid and lows) are gone for good.