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To: The Freep who wrote (162551)2/22/2008 11:56:13 AM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
COF...Good morning, Freep..

Want a bullish take? ...happy to oblige...That thing holding well..above broken DT line from the Oct high.....and well above Jan low...getting good support from a flattened 50d MA, altho tackling R from Nov-early Dec congestion...Next R at Aug-Oct congestion, which happily coincides roughly with R from falling 200dMA and DT line through Jun and Oct highs..

BUT...wouldn't touch it long with a 10 ft pole...Far from meeting my minimum voodoo chart standards..LOL



To: The Freep who wrote (162551)2/22/2008 12:54:40 PM
From: Shack  Respond to of 209892
 
Well the first move off the recent highs was met with a beautiful correction over the last two weeks, I do expect it to drop a bunch of points. Actually I think its a dandy short, thanks for pointing it out.

Off to "The Island" for the weekend, bringing the laptop, will check in if I get time.


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