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To: Shack who wrote (114337)3/4/2005 2:24:32 PM
From: Henry J Costanzo  Read Replies (2) | Respond to of 209892
 
Shack.....in and out and trying to keep up......(always happens on an interesting day......).....but tell me what you make of action like today's while the techs are badly lagging. I see that COMPX and NDX haven't yet been able to take out Wednesday's highs..while SOX/SMH haven't even taken out yesterday's......What's this kind of situation telling you.??? TIA....



To: Shack who wrote (114337)3/4/2005 2:29:55 PM
From: The Freep  Read Replies (1) | Respond to of 209892
 
OSIP is a dog. What an ugly, slow decline. One day I'm sure it'll be up 40 again... but just from a regular TA perspective, I don't know what's gonna make it bottom. Yes, the gap fill at 50 is something, but if you look at the weekly chart, there's no real reason to think it stops at 50. There's a lower gap (between 43.24 and 44.34, I think). There's...well... there's nothing but a bleed.

I'm open to hearing any take about where that stock's going.

And yeah, I'm getting out NEAR 50, I hope, but I don't think I'll wait for an exact fill! But then... well... it still looks doomed, doesn't it?

the freep