chart please, page-9

Despite being the only one willing to call NRT 4.20 two weeks ago, based on straightforward Elliott analysis (the rest of you said it was a ridiculous idea), I'm now taking quite a hard look at it.

If it can form a base round here I will buy modestly. If not, the 4.20 area is a fairly good congestion point. If that fails - well - excellent, I can pick it up round $3 again for another big bite at the cherry.

My own general impression of NRT is that it overshot pretty substantially and the $3 area is fair value until something is proven and ready for market.

One problem I have always had with NRT is that it doesnt really give the impression of a serious company with a consistent strategy. I mean, Red Clover extract for hot flushes, really ... you might as well go out and munch on the lawn.