BAY.V

by JDH on November 25, 2006

Recommendation: Buy

Long term trend is up. Short term trend since mid-October is also up (see the blue lines). Short term down trend started in September, but appears to have ended (red line). MACD is at a good, but not great, level.

The conservative play is to wait until a new high of $1.70 is reached, so conservative investors should either wait until then, or only buy half a position now. I paid $1.13 for this one, so I’m holding.

bay.JPG

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