Rick: Explain TRKN's behavior, I cannot, but partially "forecasting" its behavior, I manage sometimes. I do remember answering one of Carl's querries that if it breaks through 8 and on good volume it will fly, it broke on about 400,000 shares few days back and reached more than 11 today. I am very concerned, however looking toward next week. If they do have a pre-open announcement on Tuesday, it could continue for a while (and depending on the announcement), selling on the news might not be a bad idea. My concern is that the market on a Friday before a long weekend usually goes up, but got hit in the big caps quite hard, and particularly on the close. I think that if we do not hold 7600 on Tuesday (and I think we will break through that level), then we are going very rapidly down another 300 to 400 Dow points, and the soldiers are going to join the generals on this trip down. I took a bunch of chips off the table today.
Zeev |
