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tregaron

10/22/08 10:23 AM

#21473 RE: jerrydylan #21471

Yeah...I could buy that. We definitely have a pennant formation that is setting up for a topside breakout around $1. We're below the 200 EMA, but agree other indicators look OK. The glass-half-empty kinda guy might also point out that breakout can also occur on the downside. A drop through .73 on volume would be troublesome.