Friday, January 11, 2008

SEED-

SEED was my chart for the day as it broke through the $9.5 resistance and closed the day $10.91 on huge volume. When it backed of to the 9.8 level i frankly didn't think it could muster up the momentum but it sure did with a vicious rally in the last half hour. Hard to get uglier than today. It was just disgusting and felt almost 1987 like.

2 comments:

  1. nice on seed. you need incy to break above the high the other day to go long? I have been playing incy for several points now,on chart and insider buys but only have a couple thous left.
    1987? I dont get the resemblance

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  2. i agree on incy, also with strong volume-1987? just had that the kind of feeling to me- i remember it like it was yesterday-so it's probably the bottom

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