Another good gain 3/3/2010

March 3, 2010, Posted by ttbm at 11:14 am

But an alarming sign

XLNX (26.53)…recommended on 2/9/2010 at $23.77, we think we see the current wave formation sub-dividing upward as a Wave 5 of C. Yesterday’s intra-day chart appears as if it set up as an diagonal triangle. This is alarming since this tends to be an ending signal for this move up. We are OK with taking a profit of nearly 12% in roughly three weeks.

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