Tuesday, August 17, 2010 4:37:32 PM
Light at the end of the tunnel...
Important thing to note here, if we do see triple zeros and find support between 0.0007 and 0.0010 it would suggest a triple bottom play is forming. This would be the time to "load up" because the rebound could have huge potential.
The estimated failure rate for a triple bottom is a low 4% assuming that an investor waits for the upside breakout through the confirmation point. This pattern should give longs a light at the end of the tunnel, greener days should be coming soon. You have to weather the storms first.
More info
http://www.trending123.com/patterns/triple_bottom.html
Something to think about anyway, GLTA.
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