J.L.,
Why whatever do you mean non biased opinions? My opinions are OBVIOUSLY objective and so are Eric's! They just happen to disagree mostly!
Barring any negative surprises, in my opinion there is some support from gapped candles at 7/16, long term support at 3/8. Of course, to be objective, I was surprised when we broke 3/4, more so when we broke 5/8, darn near astonished when we broke one half.
Eric was right about 5/8, we were both going to buy then, I didn't yet and I don't think he did yet(just a guess). I do believe that this probably tells the tale on this stock currently, a Bull and a Bear both holding fire.
When real news comes, either negative or positive, it will be too late for most of the move. Check out October 97, how much time did one have then, there will be less this time. BCMD has a habit of catching me otherwise occupied so my bets are already in. I say up it goes, however, WHEN, nobody knows!
So that is the "objective" bullish view, the best I can do
PS, I am sure Eric will object to me calling him a bear, apologies in advance, he just does not want to appear related...
Roebear |
