News Focus
News Focus
Followers 1
Posts 95
Boards Moderated 0
Alias Born 02/05/2001

Re: william2112 post# 1736

Saturday, 05/07/2005 12:58:00 AM

Saturday, May 07, 2005 12:58:00 AM

Post# of 44374
Bill & Low,

My logical mind wants to agree with Bill and we should be seeing a "leap" up soon on nothing but positive news to come.

Heres what I fear that could happen:
You TA guys are saying how tight everything looks, like a spring ready to pop for the last 10 days. When good news comes, it only makes sense that we SHOULD see a leap UP...... BUT....... how many times have you seen that you "buy the rumor, sell the news". If that is the case here than we should be seeing the PPs moving now. If the news is "as expected" even though it is good, we could see a blip up on the news and then a selling frenzy on expectations MERELY being met.

I could see that happening but yet, my logical mind thinks we should be seeing a push to new highs and then reconsolidation considering how low the price is here; that is, given my expectations for this entire years projected "possibility of" never-before-seen GTEL earnings come 4th quarter.

Stay Long and Strong.........Shab

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today