WR's Momentum Trades Message Board

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Strategies & Market Trends : WR's Momentum Trades

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To: ChrisJP who wrote (8702)	11/4/2000 5:02:21 PM
From: Bernard Ng	Read Replies (3) of 11130

Just found out he has screwed up the chart already, in the past 5 days, he made a strong support for this company... <ggg>, and you know, Wayne shouldn't mention the mouse pad thing... because after I went to the website, I've decided to listen to what the president wants to say... then he got me interested. So I finally pulled up the chart. This is what I found in the 2 month chart, one nice falling wedge. The failure rate of falling wedge is 10%. 2% will fail after the breakout of the top trendline. The return rate has about 50%... so based on the current price, GLMC should at least hit $0.5 in the near future. The breakout should occur soon... upon 80% of the wedge to the apex... <ggg> I feel talking like PHANTOM$. Anyway, I'm going to join Wayne, and maybe I will buy at ask to screw up the W% :-) This is not a buy rec. I'm just using T/A to interpret what will happen, because I think we have a good odds here. Bernard

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