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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: russwinter who wrote (17420)1/25/2003 7:02:49 AM
From: chowder  Read Replies (1) of 206198
 
Any of you fundamental folks follow CMS?

They are reporting a loss, suspending the dividend and took a huge loss on incredible volume yesterday. There were many news articles on them yesterday, this is just one of them.

biz.yahoo.com

Mama Mia!

stockcharts.com[h,a]daclyiay[pb50!b200!b10!i!f][vc60][iut!Lh14,3!La5,17,9!Lg10]&pref=G

From a technical point of view, the clues were there, and in this case the sell signal was flashed prior to the BIG DAY.

Selling volume was on the rise and it did close below the 50 day moving average prior to its big loss. For those who don't follow TA, the 50 day moving average is a major level of support. When breached, it's usually a kick in the butt to get the hell out.

My question for any of you fundamental guys is; is this one worth putting on the radar in the near to immediate term?

Thanks,
dabum
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