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dmlabuda

02/08/12 1:13 PM

#408 RE: Stocktrader75 #407

You are right! The announcement is on the 16th. I must have miss read that. In any case, it looks to me like the price is going lower. Perhaps not too much lower but, I'll watch the Overbought/Oversold condition of the market for additional clues. Since I swing trade, I'm more apt to jump in and out frequently. But, the bearish divergence on the Daily chart (assuming it remains there) is a longer term signal.