RE: TA is interesting and IMO predict the insider release of news
posted on
Mar 23, 2006 10:14AM
I`ve been following an interesting side show. Greenbackers, an advisory service with a fairly high readership, has been recommending PTSC. Their timing has been very poor and they don`t have a clue to the real story here. They had a long position today (hence, their followers did too). Their stop was at $1.44 and it was triggered near the open which caused a burst of selling that corresponded almost precisely with the bottom.