willyger |
Gold User, Member, TeleChart
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Tuesday, December 21, 2004 |
Wednesday, November 28, 2007 6:19:26 AM |
3 [0.00% of all post / 0.00 posts per day] |
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Can you answer that question I posted in market discussion on 11-8-07 concerning the six month sawtooth chart of CWZ. thanks, willyger
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CWZ (corporate backed trust certificates) I found this chart pattern while searching and wonder if anyone can explain it, I don't know what these certificates are, in fact. A 3 year chart shows up the pattern, every 6 months it drops about 1 point in one day, and then gradually rises for six months back to the high, then drops precipitously again, 1 point, but there is never any huge volume associated with the pattern, as far as I can tell . Thanks in advance if anyone can explain it. willyger
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Why did VPHM drop 4 points today on good news, if this was short covering, (essentially buying) please explain the process by which this caused the price to drop. Thanks, willyger
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