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Re: Rick-UK post# 84040

Saturday, 08/07/2010 5:17:27 PM

Saturday, August 07, 2010 5:17:27 PM

Post# of 233166
Thank you Rick-UK for that excellent post.

I gotta save your post so I can go back to it and
reread it in the future.

Yours is the first post I have read that mentions
the FUNDAMENTALS of this company as well as the
TECHNICALS of it's stock. These 2 things are as
different as night and day....

Everything you wrote, I totally agree with - I am only going to
add some garnishings and my own observations. I hope I
can keep it brief and simple so that I do not waste anyone's time.

Since it is the KAT'S chart that I am in love with more than
anything else - I will talk about the CHARTS only.

Stock charts DO NOT LIE. That is the beauty of them since
there is no "maybe", "what-ifs", "how about" "IMO" -- there is no
muddy debates or bullshit going on with the charts. There is just
PRICE and candles and volume. And the astute investor/trader who can
read a chart (it's an art) - should be able to see patterns and trends.

I'm no different than anyone else - I love watching the stock,
I cheer for it, and me and Retardamus's eyeballs are glued
to the monitor everyday. But I really think we don't need to do that.

This stock's trend is UP...and that is why our money is in it.

If we zoom out our focus on the KATX chart, we just need to look back
to Nov. 2009. THAT IS WHEN THE UPTREND STARTED. And the stock
has continually been going up and up. The daily battles in the
stock price are fun to watch - but it is THE ZOOMED OUT "Big Picture"
that really matters. That is the real "trend"

We just need to sit tight like old Livermore said. "Sit tight" y'all

bardamus