Re: Blu Cava

"DirtBag©" <[EMAIL PROTECTED]> wrote in message
news:[EMAIL PROTECTED]
> Cava,
> If you get a minute, would you view this chart can you tell
> me if you see a 'W' formation beginning to form on the COVD
> chart:
> ( I think I see the first 3 parts of the formation and if it
> drops a little more and turns upward the 'W' would be in
> place)

Hey DirtBag.. Sorry for taking so long, but it has been a very very busy day
so far for us..

here is what I think of COVD...

First of all take a look at this line chart of COVD for easier spotting of
the W formation..

http://www.blucava.com/charts/newsgroup_examples/covd.gif

That shows the "W" formation that I watch (Notice the circle around it)...
For a longer term look on the stock (more than 15 days), this could be setup
for a bounce back up.. It however must hold that 25 Day Moving Average (blue
line)...  And break up.. You would buy it once it break the 4.08 closing
high..

I will elaborate more on it later on, once I have more time..

Blu
http://www.blucava.com/




> http://tinyurl.com/xjip
>
> thanks.  -DirtBag©
>
>