Thursday, June 26, 2008

Here is a good idea from a perma bear

PCLN... you know capt Kirk commercials. kinda funny. but i am sure he wouldnt think this chart to be funny at all. why?

1) Fundamentals
- Airlines are not going to give anymore ʻcheapʻ tix or leave open seats for PCLN to sell.
2) Technicals
- you can eyeball its failed attempt to break 140 and see the candlestick highs line up perfectly DOWNWARD.

anyway... thx to Tim for this pick. its worth watching. look how low it can go...

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