InvestorsHub Logo
Followers 78
Posts 11784
Boards Moderated 0
Alias Born 12/30/2004

Re: stanu78 post# 2201

Thursday, 05/05/2005 6:59:14 PM

Thursday, May 05, 2005 6:59:14 PM

Post# of 33753
CPTC was trading at $5.20 and euphoria was running high on Jan. 4th of this year when I made this post......

Posted by: roguedolphin
In reply to: wadegarret who wrote msg# 691 Date:1/4/2005 12:51:29 PM
Post #720 of 10910

CPTC looking toppy for the intermediate term. A new high was made recently on much less volume than the previous rally high.....not a good technical confirmation of the new high.
Probably will correct much of it's gains for a while. Profit takers more inclined to take gains in 2005 than last year for tax reasons.

Rogue


.... It would have been a "textbook" short sale at that level that day.

Rogue




Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.