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Wednesday, March 16, 2011 11:56:56 AM
Im right most of the time, and when im wrong its because of overplayed bad news like the italy crisis, and gabelli coming out announcing his short position coupled with ENERs reduced guidance for q1. PWER is usually a very predictable stock otherwise. Runs 5-10%, channels for a bit until pressure drops, shorts take over bring it down 3-6% channel and pray to bring it down more on bad news.
As long as news remains even to its current we will be volatile bullish and likely to over 11 before may 2nd CC
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