>>> MAKING NEW LOWS AS THE MARKET MAKES NEW HIGHS... THIS IS BEARISH ACTION!!
HOFT has not traded above its 10-week moving average since late March 2005; this means that the downward trend was established then and was very predictable when HOFT was trading at ~$23.20. One needs to learn how to own stocks with no red flags. Unfortunately, those investors who never got out when the red flag was issued have lost a fortune. 9-Month price target?? Good luck!!
At some point a rebound might come but it is hard to tell when this might take place. Good luck to HOFT longs!!
Now it's all about how much you make in 2006!!! Will HOFT be among the top 50 percentage gainers of 2006??
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