Dear Graphs,
Don't waste your breath here on Technical Analysis. Most people on this thread think that price has more to do with if Michael Jordan is on their board of directors or not. That or fundamentals like beating street earnings estimates by two cents last last October.......which is exactly when the stock started its drop from 24.00 to 8.50. I posted back on note #164 that technicals, as I saw them, were starting to signal a possible bottom. I think your view of the technicals is correct. If you are really into TA, you should check out the Technical Analysis-Beginners thread on this board. It really isn't for just beginners, we just put that in there so newbies won't be afraid to come over. In fact we are having our second annual TAOTB (Technical Analysis on The Beach) get together this year in New Jersey, in July. Last year is was in Biloxi, Miss. You should come. Three whole days of TA, no fees, nothing for sale, no hidden adgendas, just people from the TA boards getting together to learn.
BCL |
