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Strategies & Market Trends : Chart Formations -- Ignore unavailable to you. Want to Upgrade?

To: Casaubon who wrote (941)	6/1/2007 10:46:01 AM
From: Casaubon	Respond to of 967

for the record, I just want to state that the price of the stock was about $15.50, when I posted. The reason I mention this is not to shower myself with praise, but rather point out a particularly slimey maneuver on the way the markets operate and try to fool retail investors. Yesterday, the earnings data was leaked just before the end of the day. Most investors would not have had time to react to this "leak". Subsequently, the stock was halted. Almost noone would have been able to "react" to this leak, without fore knowledge of the event. Also, the result of the leak caused the Nasdaq to "adjust" yesterdays closing price. This has a dramatic effect on the "appearance" of the chart. Instead of the breakout being visible on the chart today, the "unactionable" price action appears in yesterdays candle, and the breakout is obscured. OmniVision Technologies Inc. slipped slightly in premarket trading on Friday, after the company reported fourth-quarter results and projected strong first-quarter sales growth that exceeded analysts' expectations. BULLSHIT