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Re: Pip611 post# 16628

Friday, 03/17/2017 1:12:20 PM

Friday, March 17, 2017 1:12:20 PM

Post# of 26178
The problem is a break .02 level especially with a close at or below .02 is extremely bad. The past two times we broke this area of support it always closed above .02. In other words the first time it hit that low of .017 it quickly bounce back and close above .02. The second time it hit .018 it too quickly bounce back closing above.02. Just throwing caution to the wind in case we close at or below .02 because it will be the first time since May 20, 2013 that VLDI had a close at or below .02 if it happens, fwiw.

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