Charts on Near Term Uotrends Message Board

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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1264)	9/23/2009 12:09:06 PM
From: Jibacoa	Read Replies (1) of 1404

ERTS is up for 2nd day on a roll as it seems it wanst to go over the resistance at the $20 level.<g> The stock is up 5.29% on volume of 7,923,086 still below its ADV. bigcharts.marketwatch.com ERTS was able to cut its loss substantially in the 1stQ in spite of lower revenues.It has negligible LTD and slight +CF The EE for 2009 are for $0.90 on the black vs. the loss of $0.30 last Yr. and for 20010 the EE are around $1.20 <g> It seems that the stock has found support at the $18 level. The stock needs to close above the $20 level in order to get above its 20 days EMA and above its June 2 H to get above its 200 days EMA <g> If it can do that I would put my 'target' at $30. The ACTAY is $23.18 bigcharts.marketwatch.com Bernard P.S. New abbreviation: NLTD= NEGLIGIBLE LONG TERM DEBT I am frequently writing "negligible" and since this threat is mainly a soliloquy, that is useful to remind me on some items on "interesting" stocks, abbreviations are useful. (As long as I can remember them.<g>) However since there seems to be some lurkers and occasional posters, like Paul, I am also adding the definition.<g>

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