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Re: ceecee post# 25611

Saturday, 02/25/2006 11:21:56 PM

Saturday, February 25, 2006 11:21:56 PM

Post# of 361576
TA looks backward only. The passing of each new trading day is what TA is based on. What happens Monday will re-make TA for the next day, but TA won't make what happens Monday happen unless people think it's going to happen and then try to get in front of it. Self fulfilling prophecy.

I don't want to see the stock go to .50, but I won't try to sell either because I've seen too mant times how the stock will spring right back and nobody knows when it might happen. Think how many bailed the day Pioneer dropped out (or the day we got the news) and if you were not watching the boards you would have missed the run back to .40's from .325.