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Smart_Money

05/22/03 3:35 PM

#110321 RE: extelecom #110319

I consider that a bullish post. I have three posters in the bullish camp, adding as I go. Any more want to join the leopards?



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leptokurtosiss

05/22/03 4:15 PM

#110345 RE: extelecom #110319

extelecom,

Thanks for the kind words. I didn't like the fact that it couldn't make a higher high when COMP made a slightly intraday higher high. Didn't take the profit off the table though, only move the stop higher to 13.75 (protecting my gain, albeit a small one). If it cannot hold 13.77 (50% retracement of yesterday's low and today's high), I don't know if I want to be long. This sideway (to intraday up trending) may be a consolidation before the next leg down, who knows. 14.36 may prove to be a strong resistance tomorrow if the market heads higher, IMHO.

Regards,

Lepto