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eatmenasdaq

12/01/06 1:58 PM

#21061 RE: Fishing at Surfside #21060

With a deal as big as east texas and after reading IW post. I understand the time delay. Anyway holding strong. Being more protective of my posts today. Looking to post later, after the close. Next week should be exciting!

Imperial Whazoo

12/01/06 2:20 PM

#21064 RE: Fishing at Surfside #21060

Yeah, thats why its probably evidence that Lancaster is doing intelligent things by focussing on existing properties to rework. I'm not worried at all by what I see in the charts. I keep telling folks: put accumulation/distribution & Money Flow indicators up on your charting package and look at them from the June pullback. Only about half of the money that flowed in on the upside of that wave back in June ever flowed back out and the chart shows at least 3 minor waves that could have served as opportunities for people to cut losses (late June, early August, and late August), but the money flow & the accumulation slopes have both been steadily on an up incline even though the price has, first declines, and now gone into a convergence channel. This is a classic instance of a divergence where someone (or someones) are steadily accumulating and existing holders are not bailing.... and it is a lengthy one, at that. In practical terms, the longer the divergence holds, the more powerful the eventual upmove. Thats my opinion and I'm still long and strong. I could be wrong, but thats how it looks to me.

Good luck & best regards,

Imperial Whazoo