whats the story here, page-8

Howdy,

Just posting a chart to show this pattern is not out of the ordinary for CUO, last posted a chart in the "just wondering" thread, wasnt going to post again until next uptrend started but it is very close anyway. If you look at previous patterns the SP retraces back between 38 and 62 % after each major move up.( The previous was more than that due to correction in august but would have been in that range if correction hadnt occured) On the last upleg that would have meant a drop back to between $1.05 and $0.98 which is pretty well where it went. It is now at an oversold point and following previous patterns should start on the next upleg within the next week (maybe next couple of days) .

Cheers Fero

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