Saturday, May 06, 2006

BWNG - Affirmation Of Uptrend Confirmed Friday

If you are long BWNG, continue to hold this stock. You are in safe territory as long as the future prices continue to trade above the benchmark price around $13.80. The market is currently not safe for short-sellers at these levels. Avoid any future short sales and cover the short positions immediately if you have any. Our charts indicate a strong Runaway GAP breakout could occur at any time. We will monitor the trading activity and respond accordingly.