Russ, mon ami:
On the Point & Figure chart, GBLX has just broken out above it's Bearish Resistance Line coming down from the 1999 highs in the mid-60s. This is good. Projections call for 58 on this initial move. On GET, localize the EW count on the low of 20.25 on September 7. Here, we have a projection of 56 for the move. With the stock at 38.5, that's about 20 points of potential coming from two different technical analysis techniques.
On the fundamental side, George Gilder is said to still be pounding the table for GBLX over at his Vancouver Disruptive Innovation Conference. The more I read Gilder, the more I am convinced he is THE technology visionary of our time.
And boy, what time it is.....
A
.....Time it was, time it was, time it was,
A time of innocence,
A time of confidences.
Long ago, it must be,
I have a photograph.
Preserve your memories,
That's all that's left you. |
