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JanYu

03/04/10 10:18 AM

#2987 RE: sailcat #2986

Of course.. just stating what we are all thinking
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msgbrdinfo

03/04/10 10:21 AM

#2988 RE: sailcat #2986

Smart buyer! This is just catching its breath again and the next leg up will be over .20,IMO. If not this week then next.

These PR's say so much about the progress IWEB is making. I and many more at some point do not need to see the financials to know they are a real business selling to the Feds as well as large companies. They clearly have the best solution, IMO, anytime geography is part of the equation.

The problem for the traders is that unless they have their timing down just right, when they buy back it will be 20% higher than selling at this price. Now if they are timing it perfectly, well, nice trading!LOL Wish I could do it...

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VistaViewer

03/04/10 10:59 AM

#2991 RE: sailcat #2986

Stock traded 5 days in a row above the upper Bollinger Band.

http://stockcharts.com/h-sc/ui?s=IWEB&p=D&yr=0&mn=3&dy=0&id=p68678377016

That makes the PPS vulnerable to a Fibonacci Retrace of 33% or 66% in the opposite direction. It looks like that might be what is starting to happening.

So it may be just responding to the rules of Technical Analysis. Or call it "profit taking", etc.

VV