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EquityMonster83

03/18/10 4:10 PM

#43281 RE: cytis #43279

Yeah the descending triangle scared me too. As well as the fact that the first two times huge volume came in, the pinch breakout failed. I am not in right now because there is just not enough reason to think positive about the stock right now. You can't really compare it to CCTC anymore, because CCTC found a bottom, huge volume came in and the stock popped. CCTC also had news. HLXW probably will pop, but will it go down 50% first? I don't know. And no one else does either, and I think you are seeing that with the indecision by bulls and bears. I will definitely still keep an eye on HLXW though, because it still does have awesome potential.
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OAKTRADES

03/18/10 4:39 PM

#43283 RE: cytis #43279

Higher Lows and dunno how I feel about a descending triangle with all the manipulation. Guess time will tell. Today was a good day though. Pretty good consolidation and closed with a doji.

We'll see!

GLTU
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wealthydestiny

03/18/10 5:34 PM

#43288 RE: cytis #43279

I don't think we are going any further down than we already
have gone. Its up from here IMO, just a matter of when.