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Re: None

Friday, 01/27/2006 9:15:07 PM

Friday, January 27, 2006 9:15:07 PM

Post# of 115222
A little help please from some of you folks who are good at TA (technical analysis) -

I got into some shares of AURC earlier in the week by just knuckling under and buying at the ask. I've had a buy in at .065 for the last two days with expectations that it would tank mid-day as MMs try to shake the tree. NOT HAPPENIN!

I looked at the chart and to me it looks like the stock made a bottom at about .015 and has been climbing ever since. Shouldn't we see some kind of a double bottom? Shouldn't the stock retrace by about one third on no news and low volume? What is making this stock climb and will we be holding the bag by chasing it here?

I don't sit at a computer during the day to be able to jump in on mid-day weakness (and in case you haven't noticed there isn't a whole lot of that in this stock yet - but it will start sometime so......what to do?) Do I just knuckle under some more and buy at ask on Monday or does anyone have a reasonable mid day retracement target for my next buy?

All help is greatly appreciated; and yes I know no one has a crystal ball; I understand it is just opinions.

HIghest Regards - there are some GREAT PEOPLE on this board!
Shab