Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: kalakoa who wrote (4582)	2/3/2005 8:03:16 PM
From: Vendit™	Read Replies (3) \| Respond to of 8752

Welcome to the thread kalakoa, themarketwind.com The chart above is a custom chart that I to drew illustrate where I think LIMA is headed tomorrow. The last time that the stock’s daily session traded well above the Bollinger Bands was in mid-November during a sell-off spike. Look at the yellow highlights that I placed in each indicator. All were in their extreme positions. Now pan your eyes to the right of my chart and focus on my yellow highlights. Note that once again the stock has the same extreme over-bought technical setup as of today’s close. LIMA has a better than 80% chance that is will repeat itself and sell off as it did in mid-November. The sell-off will likely begin tomorrow. Support is at $4. Reid