RAMTRONIAN's Cache Inn Message Board

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Politics : RAMTRONIAN's Cache Inn

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To: Norrin Radd who wrote (13658)	11/8/2007 5:16:31 PM
From: NightOwl	Read Replies (2) of 14464

Well... I wouldn't call it "strength" but RMTR certainly appears to be playing an orderly game in accordance with Mr. Fibonacci's rules: From the 2.84 closing low on 10/20/07... we hit the 4.74 closing high on 10/30/07. At today's close of 3.84 she's retraced 50% of the $2 run on the nose. I'd say that makes for at least a 50/50 "shot" at another turn up... tomorrow. Although... after the silliness at QCOM today and in the early AH one has to wonder if this market is playing by any "rules" whatsoever. Looks to me like this "disaster" based economy has spawned a market psychology befitting an empire in decline... although I admit... the imitation "Goths" now streaming across our borders wouldn't make Alaric's practice squad. Nonetheless if we manage our paranoia as per usual and treat them like "Vandals" and assorted pond scum for 10 years or so, no doubt they will live up to the fearful beasts we expect them to be... But... be that as we make it... Tomorrow appears to be shaping up as a text book inflection point and if not... Well... at least we won't have to stare at that unsightly hole in the charts anymore! <Hoo><Hoo><ack><ack><ack> 0\|0

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