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presidentsclub

10/28/09 8:30 AM

#38995 RE: pinoleropuro #38989

we have been in a descending channel ever since we topped out at 1.26 and failed at 1.25. thats what stocks do after a big run. its been about 2.5 months since $1.26 and the pps is currently holding pretty close to the upper line of the descending channel. pps has to get past .85 to break out of this downward channel. Just needs a little push to get it above this.