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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?


To: Casaubon who wrote (5358)2/27/2008 2:23:10 PM
From: Casaubon  Read Replies (4) | Respond to of 20435
 
bought more today.



To: Casaubon who wrote (5358)2/27/2008 7:05:41 PM
From: SI Bob  Respond to of 20435
 
Agree regarding [t]OVTI[/t] putting in a textbook-looking bottom and if the earnings don't disappoint tomorrow, we'll have fundamentals to support what the technicals are inclined to do. When the technical planets align this well, a good change in fundamentals can have an amazing effect. Especially if the financials are particularly good (along with forward-lookings) as that'll cause a buying/covering rally that can get WAY ahead of itself before pulling back for a breather.

As I said in the OVTI thread, tomorrow we're either toast or we can tuck the shares under the mattress and forget about them.

Good volume today. And it really is amazing how technical reasons for price movement seem to line right up with fundamental reasons over the long haul.