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Re: squacker post# 37

Wednesday, 03/02/2005 10:45:53 PM

Wednesday, March 02, 2005 10:45:53 PM

Post# of 1179
1. It's all in the numbers:

Check out the financials over the last 4 Q's:

Total Revenue 2,221 2,106 646 548
Cost of Revenue 1,508 1,449 514 378

Gross Profit 713 657 133 170

Net Income $28 $83 ($317) ($173)

If the trend continues (over $2MM for the last Q), and the net income continues to grow, watch out. We are already on the positive. Small, but positive.

2. What today's move did:

(a) it turned around the graphs (yesterday we had 100% sell all over):

http://quotes.barchart.com/texadv.asp?sym=gdvi

(b) it moved up the indicators (support, pilot, and resistance levels):

Now: the support level is at 0.055, the pivot point at 0.06, and the first resistance level at 0.07. Second, and third resistance levels are at 0.075, and 0.085 respectively. Learn to calculate them yourselves, as these are the main indicators that the MM's use:

http://www.e-minidaytrader.com/snr.html

Mike