HCPC coming alive with new market bottom trying to build??
Posted by: takestock Date: Wednesday, May 14, 2008 12:20:41 PM In reply to: None Post # of 69480
Geaux Fish speculated last week that maybe the reason HCPC was holding off on news was to time it with the reversal in the overall market which he very correctly predicted for this week.
I Also stated the reversal at that time was short term.
As stated here in the past with a market reversal is what HCPC may have been waiting for.
Well we have had 7 side ways days in the market as a broad.
The DJI chart clearly showing that it is now bucking resistance and hard up and down days. Looks like a tug of war going on.
My opinion there shaking the tree. Even if this is not the Market bottom HCPC may be set to go with it tomorrow.
Kind of like the best of both worlds having the market moving with a sail on your back.
Well it looks like it may trade above the 200 ma when the .0003s get hit. The combination of the market and trading above the 200 ma may set this off and she may climb up out of it cellar box.
So HCPC lotto play may come alive in the am time shall tell
GLTY
GF
DJI chart
GEAUXXXXXXXXXXXXXXXXXXXXX TIGERSSSSSSSSS Keep your eyes on the cash