Replies to post #417 on The Colonial BancGroup, Inc (fka CBCGQ)

[SKIV2002]

From my perspective, the price will most probably move above the $0.10 level during this week, however, it will need to stabilize above the $0.10 level prior to closing the gap, so we might be required to wait an additional 3-6 weeks. However, the Stochastic currently suggests that the upwards trend will continue until the end of the week.

Additionally, we'll probably pass the upper bollinger band soon, but we'll be required to bounce back down soon after we move above it in order to allow it to stabilize and move up with the trend.

Good Luck to everyone that is waiting patiently.