A four cent DROP (HA!) to close the week at 0.40 on 669k.

DROP's Magic Tiger cannot keep the Euro Zone (EZ) and Super Committee (SC) away. Market has the jitters and DROP sp suffered to end the week. Still, overall up since the Tiger signing.

0.40 is a mental support level, so breaking it will likely lead to next support. 14Day MA is 0.38'ish and 50Day MA is 0.29'ish, so those would be the next support levels. We are looking for the last bit of upside, wave five, before an abc correction. Of course, that is if the Elliot wave wave theory holds as it should. Like other technicals, news can play havoc with it, or be an integral part of it. Upper BB is 0.50'ish, and can be considered resistance. OBV has been showing accumulation since the beginning of November, indicating news leakage. Stoch and Mac are in bull mode as is RSI at this time.

Dec 1 will see the Fuse logo displayed on Tiger's golf bag for the first time (where the ATT logo once was) during the Chevron World Challenge in Thousand Oaks, California. Tiger is the host, and qualified without exemption for his tournament.

Although signing on Tiger was a big step forward, the anticipated upcoming announcement of available product to the public should see sp ignore bad economic news for significant upside.