Tim: I am back, physically hungry but spiritually fulfilled.
While catching up on my readings, I couldn't help but noticing two items that jumped into the Big Picture:
Item #1 : On 7/24/96, WSJ reported "Elaine Garzarelli had turned from bullish to bearish".
Item #2 : On 7/29/96, Barron's Jay Palmer stated ".....but beware the autumn and 1997".
Tim, I am glad that I wrote the Mad Monk's Vision on 7/22/96, just several days AHEAD of these analysts. So don't be alarmed in the coming months if more and more analysts echo and glorify my Vision when critical events such as landslide victory, early January Effect and others are unfolding.
Back in 1987, Elaine and I were among the handful of tea-leaf readers that actually enjoyed "bear claws" for breakfast by calling the break while the fundamental analysts were completely un-prepared. Tim, in the coming bear maul, nothing will escape unscattered and there are no such things as "lovely bulls" in a crash because James Dine's Wolf Pack Theory states: When the whole pack moves, every wolf will move. For the 1987 crash, I have 4 boxes full of technical and fundamental data that detailed the blow-by-blow events that took place before, during and after October. If you need some of these data, please let me know and I will fax or e-mail it to you.
NMPS's trading volumes dried up for the past 3 sessions. Light volumes (69300, 47800 and 40900) indicate the absence of sellers which is positive. But the best technical punches it had demonstrated were the TWO one-day-reversals on 7/16/96 and 7/24/96 at the all important 200 DMA. That denoted strength, not weakness.
As to your question "how low can NMPS go?", I have no projections because I have no ways to quantify its management's stupidity. Why do I call them stupid? Because they have a golden egg and don't know how to market it and at the same time they try to depress the share price with the now-postponed PPO. That's why! I have a suggestion for all the NMPS investors: call Steve Chubb at (617-928-0820) and urge him to improve his PR work. Dump Ron Trahan and the current staff. Get fresh ideas and design a new system approach to hype the investor's EXPECTATIONS. Or some fat cat will take him over at this depressed price.
Best wishes.
Note: Roger, I am looking forward to the day that I will never come back. Even though life is good in the world, life will be much better elsewhere. |
