Yes, Shack, I knew you had this count, too. I'm just throwing it out again cuz we haven't been taking bigger picture stuff.
I was just poking around in the storage group, as that's always been a fave of mine (made and lost a lot of money there in my happy then sad clown days), and I noticed that EMLX, BRCD, and QLGC are all within a point or two of some pretty tough resistance. BRCD is running up to a gap at 28.4, for instance (a gap over 30 would give it an island reversal, by the way). I betcha the storage group stops tomorrow, helps the down, then on the C up (if this count is right) breaks over all those resistance areas. Brocade, by the way, should be earning something like 2 or 4 cents this quarter. Oh well, at least it's positive.
ECB tomorrow morning could be key. Or not. I dunno. The Beige Book certainly had no impact today. Tres confusing to a Freep like me.
the freep |