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PowerPole

10/13/05 5:09 PM

#111 RE: gjd #109

Hi gjd...Here's a chart for IIP:

To be honest...Boring is the only word I can think of to accuratly describe this stocks movement...It formed a beautiful double-bottom that met resistance at .52 the second time, and could not bust up through it because the Stochastics were topped out, meaning it was totally overbought...I wouldn't play this stock, as it doesn't have enough movement for my style of trading...If you like to play channeling stocks, this is a good candidate...