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Post by Admin on Aug 30, 2004 13:17:06 GMT -5
Today's action in AZMN is an investors dream. After Friday's extremely high volume and price run-up, to see a consolidation on low volume is about as bullish as it gets. Anytime you see a stock go straight up without looking back, almost without exception, a crash is imminent. We broke resistance and are holding. What does this mean? Simply this, there has been a paradigm shift in the balance of power. In other words, the Supply vs. Demand has shifted. The longer we trade low volume in this range, the more bullish the picture becomes. It also allows you, the Christian Trader, an affordable ticket to the ride of a lifetime. Blessings CT
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Post by paperwhite on Aug 30, 2004 14:59:04 GMT -5
CT is right - this type of trading doesn't occur often.
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Post by marygrace on Aug 30, 2004 15:08:01 GMT -5
Take it to da moon, Alice!! Does this mean we have 2 stocks that are destined to be the picks of a lifetime?? You bet! Somebody has got to maintain the UPward momentum, might as well be me! ;D
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Post by paperwhite on Aug 30, 2004 16:06:27 GMT -5
Nothing wrong with being excited, and there sure is reason to be excited with Azco - but the best type of excitement is a controlled one. There are A LOT OF THINGS that must happen for Azco for it to be a stockpick of a lifetime and MANY hurdles that may be difficult or even impossible. Can we make money on this, absolutely.....
Time will tell, and I say it now = patience will be needed on this stock.
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Post by marygrace on Aug 30, 2004 16:38:17 GMT -5
I've got the patience of Jobe, as my mom used to say! I just have to let off a little steam now and then. I really think we may be on to something here. JMHO of course!
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