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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: RonMerks who wrote (5836)8/7/2007 11:14:13 AM
From: SwingTrader2006  Respond to of 50229
 
Reality check, Ron!!

Let's look "under the hood" on IPSU, shall we? What you are seeing is a LOW VOLUME walk-up by the mm's post-earnings. What you are seeing is a TEXTBOOK negative divergence play setting up on IPSU. LOOK AT THE VOLUME SINCE EARNINGS, GENIUS. Both TIE and SUN will be huge winners this year. Both TIE and SUN have been taken down with the markets. I forgot...YOU ARE A DAY TRADER when it's convenient, right? Gimme a break.

IPSU remains 100% G-A-R-B-A-G-E and it is clear what has taken place since earnings. Where is it now? IT'S BACK AT MAJOR RESISTANCE OF $28.50 AREA!! Can you say "back-test" of major resistance for IPSU? Let's watch the tape today, Ron...let's watch how IPSU will be sold by the smart money as it hovers right here below $28.50. It's the "last exit" for those still holding since earnings.

You just MIGHT learn something here, Ron...pay attention. I've been "playing this game" for over 25 years and make a very good living at it. Heck, I might even purchase a few September puts today and give you a "live lesson". I don't normally short stocks, and that includes buying put options. But IPSU is just too ripe here!! Enjoy the lesson, Ron. We'll talk soon.