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kgoodrich

06/15/09 9:17 PM

#47747 RE: Notuncoolish #47746

Hi Notuncoolish
I think this is the week that PPHM gets its first $1 close. Peregrine closed today retriggered intraday in a fantastic situation. The opportunity to move is great tomorrow. If you study the daily charts with respect to the 2 day moving average you'll notice that whenever the 2 day kisses the top of a candle body it tends to reverse it, and the price goes up. If it kisses the bottom of the candle body it tends to go down. The 2 day kissed the top. That and the intraday setup showing leads me to believe tomorrow is going to be fun. And, yes, I expect some news to be floating around tomorrow probably before open. You and I know that none of the news thus far has caused it to move this high with this kind of volume. Something is out there circulating in the institutions and funds that we aren't privy to. I expect big moves to come unexpectedly. Doesn't make sense but then again it makes perfect sense. hehehe. Welcome to the board Notuncoolish. We're the sane board.