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Peggy

10/27/11 1:51 PM

#8213 RE: MorganaGordona #8210

Well, it looks like FOGC, according to your last post, has managed the impossible ... the support and resistance levels are the same! Wow ... you know what that means don't you ... FOGC is stuck at 17 in perpetuity. It can't go up and it can't go down! And it also is right smack in the middle of those nasty old Bollinger Bands. Can't get much better than that.

Never seen this before. I believe it's a first in the annals of the stock market.

Peggy

10/27/11 4:35 PM

#8220 RE: MorganaGordona #8210

Well, so much for the theory that support was at 17. If it was, it just finished below for the day at 16.