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Re: pitbull74 post# 5916

Friday, 10/07/2005 11:21:21 AM

Friday, October 07, 2005 11:21:21 AM

Post# of 44374
pitbull and rtb. RSI 39.4. Not oversold yet.

Pitbull thanks for kind comments. As far as oversold it it NOT yet oversold based on standard based RSI(14)formula.

RSI is at 39.4 which is still normal and to be oversold it has to be at 30 or below. The lower obviously the more oversold. I love when stocks get to like 15-25 range then you know it is a steal. That's why i am saying $1.00 cause at that point RSI probably be within that RSI range.

Also notice Bold MACD line line when it crosses down over blue one we will see $1.14 or lower again in my opinion.

http://stockcharts.com/def/servlet/SC.web?c=GTE,uu[w,a]daclyyay[db][pb50!d10,2!f][vc60][iut!Ub14!Ua1...

http://stockcharts.com/education/IndicatorAnalysis/indic_RSI.html

Some has mentioned profitability. Well we won't see it this quater because GTE is running at only 3-5% marings on carrier traffic and i believe that also L.A black out had an effect on it. Also real revs might come from magic money but i am not expecting that at least until 4th Q. The only thing that is going to revive this stair walk down is Strat show and launch not any show or even Qs. Last Q didn't have any effect on PPS.
PPS dops .03 to .05 everday so we should see it soon. $1.25 now.




And as Jack always says: "You can't handle the truth! Son"

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