Re: Looks like a strong close - very bullish...IMO...doni
posted on
Mar 22, 2007 01:27PM
Doni, I don't think we will see a retrace just yet. The momo is too good right now. I say we will see a gap-up to .25 cents at the open tomorrow...JMHO
Then, if we see a 3 - 5 million share day... we will run to .27 easy. I always watch for volume and it's been real steady all week. If we see a 10 million share day... we bust through .30 If the volume dries up, then all bets are off. A retrace is inevitable. Just look at PTSC, it ran like a scolded dog with high volume... now, it has retraced and dropped into a solid trading range.
But, I'm having fun now and I'm going to ride the wave and enjoy it. It's been few and far between over the last few years. I hope this is the start of good times to come.
On another note. I always appreciate your technical expertise. I bought this stock years ago for it's patents and that's why I hold it now.
Best returns,
Joe