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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Paul Senior who wrote (1325)12/4/2009 9:06:49 AM
From: Jibacoa  Read Replies (1) of 1404
 
With the intraday double top at 1:45--2:00PM, it came back to the support level without completely closing the initial UG.

bigcharts.marketwatch.com

It seems that there may be yet a longer delay in reaching the 'target' :>(
Although the 1stQ (Sep) revenues were 40% better, the earnings showed a slight sequential dip from the 4thQ (Jun) albeit they were higher than in the 2009 1stQ.
The general expenses increased, including money spent on TV advertising.
Although revenues are supposedly more important,have to watch for results on the 2ndQ when earnings were at the highest level last Yr.
It is still better to play the intraday trend on a short term basis, although the long term prospects for TPI still look good.

Bernard
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