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Politics : RAMTRONIAN's Cache Inn -- Ignore unavailable to you. Want to Upgrade?

To: NightOwl who wrote (13634)	10/31/2007 11:48:23 PM
From: NightOwl	Read Replies (1) \| Respond to of 14464

But will they be "safe" tomorrow? Strange enough for Halloween... but my RoboChart insists that IF we were to drop to a 14 day RSI of 50% tomorrow we'd be sitting at a "gap closing" $3.53 at the close. <vbg> It's been a nice run Mr. Peace... but as I see it... it's going to take some sort of "unexpected" fundamental news to take us to the "6 and then 10" territory before we see that gapping maw at "3.70 and then 3.57." <vbg> I expect we are going to heehaw our way back to 3.80. I would be very pleasantly surprised if we don't see a 38.2% retrace to the 3.98 - 4.03 area at the very least... and if we don't get a close under the 4.31 level before forming a base or taking off for the mythical "6 and 10" I will be flat out stupefied. We'll know soon enough I guess. But this so called Bull market is feeling awfully Bearish in its old age. Of course, I blame the evil Bushites for this. The corruption and insane waste of an "evolved" government in which you can't tell the Mules from the Elephants without an election is one thing... but it's pretty tough to generate a consistent positive sentiment when your "posse" is out torturing people, throwing millions of others out of their country/homes, and getting chopped up in the process. Anyway... as soon as the broader market's roller coaster heads south again... and I suspect that will be quite soon... we'll get a major clue as to whether RMTR's "growth story" has gone far enough to attract and hold the smart money without the aid of said "unexpected" fundamental news to sweeten the pot. I am fresh out of "unexpected" fundamental news. My standard guesstimations aren't going to do the trick. Heck... TI's "expected" news today got short shrift on Wall Street. Although I'll give it a day or two to "sink" in. <Hoo><Haa> ESE's CC is 12 days off but it would be highly unlikely to provide the kind of "fundamental" blessing for RMTR that I'm talking about. A 4Mb "announcement"... without a rare and endangered contract w/dollar value included... is already in the stock price too as far as I can tell. The non-gaap 0.07 earnings number was good enough to cut the P/E in half... but they'll need some kind of follow through to help provide guidance/certainty on the forward P/E expectations before we see a *reeeeeeeeeally* big move to "6 and then 10" land... IMVOP. <vbg> But at least we're now focused on the "when"... rather than the globally warm "whether." <Hoo><Haa><ack> 0\|0