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woogerbear

08/16/05 10:24 AM

#30148 RE: jonesieatl #30138

To clarify your post the stock did not bounce off 39.4 twice but instead the downtrend line...Bollinger bands are really tighening here...I think we should get back to 39-40 and then IMO, news will hit and break the trend


jonesieatl

08/16/05 11:25 AM

#30160 RE: jonesieatl #30138

Double-tap bottoms

or tweezer bottoms, are very nice too IMHO.

If we hold .36 again today after touching it yesterday, it would be a good sign, with confirmation later being the key.

jonesie