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Re: new5005 post# 1641

Monday, 06/13/2005 8:03:49 AM

Monday, June 13, 2005 8:03:49 AM

Post# of 35924
new2005; Once again you seem to have things mixed up as if you really don't know what your talking about. T/A stands for "Technical Analysis" PPS stands for "Price Per Share", you seem to have the two mixed up, I will prove MY POINT. T/A is used to suggest future market activity of a stock, by evaluating it's past statistics on various charts and searching for patterns over a period of time. Anyone who knows much at all about T/A, knows that most patterns usually take several weeks or months to form. Your post sounds like you were refering to T/A as a "CRYSTAL BALL" for Mondays trading session. That to me is a Joke. The "LONG-TERM" T/A of MLXO "DID NOT CHANGE" or "Reverse" as you put it, after going Pink, The PPS did, and that was not attributed to any news at all, but some shareholders bailing out before going Pink, and "LOW" Volume at that. Since then we have went sideways. If you look at the Long-Term Chart, in my opinion, it looks to me like we have formed a Bullish Falling Wedge type of pattern and we are about to break the upper resistance long-term trend line. Really, we have went sideways since Cornell Capital laid down it's Guns.

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