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Wednesday, June 29, 2005 7:02:35 PM
NO, I "THINK", the chart is not enough. You got to follow the company efforts to support PPs. MMs also should want more time to accumulate.
I expect to continue to accumulate lower, into the first part of next week. IMO today's no news PR was a setup, by management. And it plays right into my plan, to continue to accumulate with TNOG, lower.
IMO since the MMs became pro-active, the TA has become a function of the plans the big guys have for TNOG. The MMs want to accumulate and sell higher and management want to accumulate and sell higher. I want to accumulate and sell higher.
Lets make no mistake, this stock is climbing on company execution. But the execution is being announced in a logical pattern. I'm starting to rely on managements knowledge of market momentum, and become more impressed with each PR. Said a week or two ago, don't expect flow numbers, until the minor PRs are used to support PPs. Look what's been happening.
Strong PR, weak PR, strong/weak, next will be strong and start of leg 2. Expect 8 to 10 days from today. IMO
Success !!! http://www.investorshub.com/boards/board.asp?board_id=3972 Welcome to my mind!
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