Saturday, July 14, 2012 7:16:42 PM
I give analyst's ZERO credibility and I don't predict when they are going to open their mouths but I know they are not even dumb enough to take a stance a week before earnings. Analysts are right 38% of the time and their reputation is and I agree, that they are failed traders trying to keep their foot in the door. Everyone of them I have ever met are complete idiots as far as knowing market movements. I will rip Lebed until the day I die because he would steal from his mom, but he is smarter than any analyst I have ever met. Henry Blodgett, Jack Grubman as well as many others should have been castrated for their role in the tech crashes but they got a smack on the wrist. Your statement about "MAJOR CONSOLIDATION" on Monday is completely erroneous, not even close. Do you know what "MAJOR CONSOLIDATION IS" is???. If this stock had major consolidation at this point on the chart it would be nothing but positive, but there is not enough time before earnings for "MAJOR CONSOLIDATION". $17.50 is a meaningless number, closing above $18 is the only thing that matters at this point if there is going to be a run into earnings. If we don't continue to make higher lows that will also negate any big run into earnings. I would expect a push up to $18 by Tuesday, a slight pullback and then a break over $18 and then a run. If this happens, nothing will get in the way. We must also maintain a higher low every day. Everyone gives way too much credit to NIA. I know of at least two other firms playing the same game, they are just not attention starved like NIA and want their names kept out of it. NIA got the first part of BVSN right and have been wrong about it ever since. If you continued to play it as they stated, you would have given up most of your profits. Remember this "THE CHART IS THE MAP OF THE MONEY, MONEY DOESN"T LIE, PEOPLE DO"
Your Best? Your Best? Losers talk about doing their best. Winners go home with the Prom Queen. Do you own DD always!
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