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Politics : High Tolerance Plasticity

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To: Libbyt who wrote (20651)11/26/2003 1:17:44 AM
From: kodiak_bull  Read Replies (3) of 23153
 
Libby,

That's a really hyperactive daily chart. I assume that you like this company's products and like the earnings report. The daily chart tells me nothing, the 5 day chart (weekly) is fine, but even with the great earnings it doesn't say it's going anywhere northeast in any hurry. If anything, it appears to be flattening. If I owned it, I'd probably be looking carefully to make sure my profit was locked in. If I had to own it I would look to use options and risk $2-3 per share rather than $27.

This is a chart I can get excited about, MRVC on the daily--tremendous volume today and a great price pattern.

Every day I find lots of very exciting charts: today it was ONNN VRLK TGAL ILMN and LPSN. Yesterday it was my old friend IVAN, and ASYT and AVR.

Nice bull market we have here.

Kb

Kb
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