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OmniVision Technologies, Inc. Message Board

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  • cal_sunshine2002 cal_sunshine2002 Feb 27, 2004 11:29 AM Flag

    Tomorrow will be a down day

    TA tells you all. I just try to encourage people to short more.

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    • What is TA telling you, cal? It is telling me that OVTI is consolidating on low volume after a breakout. This is textbook. Look at today's volume on a chart. Miniscule! SOme of us have been around a while and can recognize this. Sounds like the rest of you are going to get a good lesson in consolidation. Hopefully it will not be an expensive one for you.

      Why would anybody buy? The jury is still out on whether this thing will fill the gap, or head up. But every day that the gap is not filled means there is a less chance of it getting filled. We are already getting to the point where folks are going to realize that the gap is not getting filled, and it is worth it to jump in.

      You guys are all bleating like a bunch of sheep. Relax and go have a nice lunch. Quit watching every tick! If it makes you feel better, put in a stop loss.

      I will repeat something I have said before: this has NOTHING to do with fundamentals, and everything to do with the chart. Fundamentals will matter again, just not today.

    • Thank You.

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