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Re: longandhard post# 19196

Thursday, 06/03/2010 3:44:04 AM

Thursday, June 03, 2010 3:44:04 AM

Post# of 64330
longandhard: Thanks.

Me too.

I'm encouraged by the fact that 0.077c has held.

I'm watching the S&P 500 very closely here.
It bottomed on February 5th. CCTC bottomed on February 10th.

The S&P 500 most recently bottomed on May 25th. CCTC bottomed on May 25th as well, at 0.077c.

Both CCTC and the S&P 500, have been trending alike, since they made their bottoms, with CCTC lagging behind by one day.

With yesterdays strong advance in the S&P 500, CCTC may get a lift today.

The S&P 500 seems to be forming a "counter-trend rally" here.
If the S&P 500 were to advance from the current 1098.38 to 1130 and above, then it should bode well for CCTC, and a possible strong "Impulse-move up".

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p90459018336

http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p62839548496