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Re: chiefwiggim24 post# 168085

Monday, 07/26/2010 2:17:34 AM

Monday, July 26, 2010 2:17:34 AM

Post# of 375420
You can't predict bottoms with fundmentals or technicals of course. If share structure is DYNAMIC bottom is unknown. If company is dishonest you cant predict the bottom either-stock do get suspended or go to grey sheets. Without these extreme cases in general charts are very useful
for predicting support and resistence levels. FYI .0055 is weekly and daily PRIMARY support for QASP. Also majority of shareholders bought above .0055. So buyers / sellers ratio at .0055 is almost 9:1 hence this support should hold unless some new fundmental info gives reason for this to break down(close ) below .0055 IMO.