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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: Runomoâ„¢ who wrote (44537)9/13/2009 9:27:35 AM
From: robert b furman  Read Replies (1) | Respond to of 207323
 
Hi Mo,

That's a significant resistance point.

Reasonable to allow some time for it to be digested.

Thiose quick pops often retrace.

Its the slow methodical runup that make that line an are of support after the resistance has been slowly overcome.

At least that's what I hope happens.

I'm thinking earnings in October will be the catakyst.

BWDIK

Bob