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fLUK3

06/28/12 12:10 PM

#547 RE: atomicdogs #546

I asked this of an analysts yesterday as to which would have more influence on the PPS. Most technical traders when they see a stock trading on or above the top bolli you "expect" to see a pull back, as well traders that trade on earnings expect to see a rise in PPS if a company reports earnings above the expected marks.

So that in posed the question...The upper bolli is sitting at 7.22 even if the company shows earnings crushing the expected numbers will that have enough influence on the PPS to keep it going into the positive or if the technical traders will come in and win over the PPS.

We witnessed this pull back on the opening bell on the 21st, and has pulled back everyday except for yesterdays late day rally. Then of course today shows another pull back, which I do not see a reason for a day before reporting.

I was wanting to see going into Friday a PPS at or above the 7.02 mark, but unless there is a late day rally again today I do not see that happening.