Tuesday, September 17, 2013

Look Who's Moving: FRP

I found this interesting and noticed something I missed earlier.

The thesis as explained in the FRP video since the end of August was the market would need Wall St. help to get stocks like FRP , PCLN, NFLX, etc up to their breakout areas where head fake moves galore should be found.

FRP is moving that way this afternoon although I doubt it makes it today, 3C is doing as expected on the move and what I missed before is the breakout area for a head fake move is at perhaps the strongest psychological number of all, $10 even, you never see anything for sale for $10, always $9.99 because the human mind gravitates towards these whole numbers like a heat seeking "projectile", we never know (or we do know) who's listening.

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