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Re: FinancialAdvisor post# 8208

Thursday, 05/26/2005 2:07:33 AM

Thursday, May 26, 2005 2:07:33 AM

Post# of 25966
*GTE was -12.14% Wednesday, A bloated pig upon the AMEX listing Monday both technically and fundamentally, and looking at the chart we can see how technically important the $3 level is to both bulls & bears... under that, there is no clear strong support, except maybe again at $2... that's a 33% decline off of a $3 break, and from Wednesday's close of $3.40, that would be tens of millions of market cap lost... note the past 2 big volume days have been down, one was in May and the other in April... should $3 break, the trend will become much clearer...







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