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S&P 500
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-0.43%
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jonesieatl

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jonesieatl

Re: None

Monday, 07/11/2005 8:43:10 AM

Monday, July 11, 2005 8:43:10 AM

Post# of 44374
My .02

Draw an uptrend line from the lows in early 12/03 through the lows in 11/04.

Barring some good news I wouldn't be surprised at all to see GTE bang down to this trendline again before any big moves up.

That line currently sits ~ $1.50.

As always, news will trump TA (especially my simple TA here lol)

Disclaimer: I got back in GTE for a few shares on 6/30/05 or so when GTE came back down to a shorter-term uptrend line and was right up against its downtrend line. Looked a little like money flow was coming in to the stock then as well. Oh well, busted below that ST uptrend line and banged down off the downtrend line too.

Yorkville / Cornell Tracking Board #board-9964


"I can think of no more valuable commodity than information"

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