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Re: jzgeorge post# 23428

Thursday, 02/28/2013 10:52:44 PM

Thursday, February 28, 2013 10:52:44 PM

Post# of 66390
Disagree. I agree with Doc was saying. CERP bounced off of the MA50 not because it's some mystical indicator of market psychology, but because it's the MA50. When the stock started taking off after hitting it, everyone piled in saying, "Its bouncing off the MA50, I'm in!!!"