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Re: ballyhooo post# 1585

Wednesday, 03/16/2011 10:57:05 PM

Wednesday, March 16, 2011 10:57:05 PM

Post# of 1675
Well, it looked to be a nice day today for SBAY. Right now we're consolidating at a lower level until the longs that want out exit and are replaced with "new money" that will not be willing to sell at these levels. Technical analysis in a case like this usually would tell one that the next level of resistance is a former support which was 6.0. Ladies and gentlemen, that is 50% above where we are! Watch closely for PR's and please post whatever DD you may find construed as pertinent.

Chemistfrog