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Post# of 353143
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Re: pensandoenti67 post# 4957

Wednesday, 01/04/2006 11:20:47 PM

Wednesday, January 04, 2006 11:20:47 PM

Post# of 353143
Sorry, I can not put up the charts tonite.

XSNX: you know, most people in that stock have already a two-fold. I'm pretty sure they are thinking of taking some profits. If you are in... Every indicator is sky high right now. Eventhough it is still bullish, i'd think of getting out... but I am short term... If you are not in, it certainly is not the right time to buy; wait for a pull back in the .60ish level.

STTK: Going down. No support. Gaps to be filled even lower than today's share price. One silver lining: Today's candle. In fact, it is called a hammer and it is supposedly bullish, often signifying the end of a downtrend. But it has to be confirmed tomorrow. Still, with such anemic volume, it'll be hard. The up gap to fill is at the .25c level. Over that level, resistance prevails in the form of the moving averages.

I hope I do not discourage you and I wish you the best in your trading.

Richard

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