TA FOR THE FANCIFUL
Heh. I remember how well the share both "looked" and
"acted" just before the TSE, ignorant of this vital aspect,
slammed shut the door. I'm sitting at my desk,
too long to be wrong, lights off for obvious reasons &...,
my trader comes to my door, weeks later, "looks like it's gonna open
somewhere between 11 and 17cts".... aargh.
As noted in some prior post, i "interfaced" with TSE personel,
folks fm Arizona Bureau of Mng etc, prior ed of TNM, to mention
just a few. Well, I'm still here and then some as we head into the final
phases of the upscale testing. And while I haven't missed a beat
or gyre of this company's life in the
interim, my heart has missed plenty of them.
All of us are aware of signif size, 1.5 ish million shares
that may be all or part entering market over next several weeks.
Some potential heavy lifting may be required.
As a fundamentalist on the IPM, i think odds favor success now more
than ever. Technical interpretations can be very, uh, fluid:
for example I can make both a fundamental and technical case that
we have just embarked on the third wave of the first of a huger 3rd
wave sequence.. third of the third of the first of the bigger third.
The share, in the face of some potentially serious supply, "acts"
just great. Sharp bursts up on volume. Averages turning north,
downtrends broken, gaps (hopefully of the runaway rather than the
"exhaustion" species.) Very dynamic aspect to both the daily and
weekly weejies.
Nevertheless a bit of breath holding and edginess is probably still
a good tactic over the next several weeks. A most exciting and a
bit nerve-wracking period just ahead. High hopes + good luck..
alte |
