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Tuesday, March 06, 2007

HOT SPOT CHARTING...

Let's take a look at a few of Friday's midday meltdown blogged charts.
Most did reasonably well without losing much ground considering the nature of the markets Friday and Monday...



DEIX, stayed tight and had a minor 2.11% breakout today.
Lightly traded stock...


COGT, also remained stable and Friday's suggested possible flag formation is now a pennant...


GRAN, fell below its multi-month channel yesterday and shook out
the loose hands before recovering most of its decline.
Back in the channel today...


SYKE, Continued to close within it's pennant formation.
Broke out today with a 23.20% pop on very heavy volume...


Could we see some choppy going tomorrow in the markets?


Charts and comments are NEVER INTENDED AS ADVICE...


Good luck trading...

00K


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