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To: skinowski who wrote (119609)5/30/2005 5:16:33 PM
From: Shack  Respond to of 209892
 
Yeah, what a mess BLDP has been in. Good Vancouver outfit, but I wouldn't touch that stock without a major technical breakout and I see little hope for such a thing, such is the case with most stocks making new ATL.

As for a fresh bull on FCEL, highly doubt it but it doesn't really change the trade at this point. I agree that (C) wave is as textbook a 5 wave move as you can get.

FCEL and much of the market looks like it is set-up for a continuing and very strong multi-week rally here, but a viciously ugly back half of the year. I'm sure some stocks will be making new post-Oct 2002 lows by the end of it.