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ChunkyMonkey

07/18/06 4:21 PM

#1013 RE: Mr. Shagala #1012

hmm....not sure yet......I hope a new high at least. I'll have to do my homework when I get off of work. I've heard people say like 3.00 for the past few weeks and it never hit, so it's kinda unpredictable this one and I don't want to make an estimate. But it looks strong and I'm in for the long run. I feel real good about this one. The chart was nasty the past couple of days but on the 60 min and daily it looks like a GO! The volume kicked up a notch too today but there were some big sales. Of course this can go either way but I say it goes up.



"The market is a great place, exept when it isn't"
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nyc-hotshot

07/18/06 4:23 PM

#1014 RE: Mr. Shagala #1012

MM's tried their best to hold it down all day today. Especially the MM VIEW who was shorting all day. However, there was really great buying strength, about 100,000 shares traded in the last 15 minutes, to close it up for the day. Thats a good sign. People are still buying these dips.

The short squeeze is coming for these MM's and its gonna be a great ride up when it does.

IMO: We just have to give this one about 30 days or so and not panic on these dips.