Replies to post #140903 on Traders of the Caribbean

[Dredinvestments]

Colonial BancGroup shut down by federal officials

Regulators shut down Colonial BancGroup in biggest bank failure of this year

[GuruTrader]

throw icnb on the radar for this week

1) Recent intraday trading ranges offering gains to savvy traders by as much as 100% from low to high.

2) BULLISH upside volume beginning to re-emerge. This suggests heavy accumulation.

3) BULLISH MACD. MACD trending higher with bullish positive momentum expanding. A move back above the "0" line would be VERY BULLISH.

4) Stock price at (or very near) its 13 day moving average...usually considered an IDEAL ENTRY POINT