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Strategies & Market Trends : Contrarian Investing

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To: MACD X who wrote (820)	11/24/2006 10:55:00 PM
From: pcyhuang	of 4080

Vernon: > "the risk of picking a trendbreaker on high volume". In technical analysis, havn't you heard of an event called "false breakout"? I think that the current situation of CWTR is a good case in point. The trendbreaker on high volume is accompanied by a large short interest, and unsually strong fundamentals. I think that in this case, the fundamentalists will ultimately win. pcyhuang

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