encounter mad resistance?, page-16

Smashie,

how is 2% up a drop off? If you aren't trying to downramp then I'm seriously confused by your post, can you clarify?

MAD did a GAP up today and then closed the gap and made a new high.

Generally MAD tends to follow B/S ratio more closely than any other stock ive ever held.

at open today til 12pm, B/S was 3:1, then it started to turn when it hit 2:1 and closed high at 2:1. Currently its at 2.5:1 and at open tomorrow could go either way, although I'd expect 3:1 or 4:1.

I dont know about support at 1.01..

I see support at .990 and resistance at 1.050 but thats just IMO.