Wednesday, April 25, 2012 1:11:09 PM
Good afternoon, my friend!
I am not worried at all about today's action. Just the opposite. The chart can take a breather after yesterdays huge spike in PP's and actually we are seeing only a LOW VOLUME consolidation accelerated by the weeding out of weak retail sellers and MM manipulation. We should soon see more positive action based on the oversold condition of USNL and the huge shorting activity. I don't care if my target PP for USNL (somewhere between $0,10 and $0,25) will be reached today, tomorrow, next week, or in three months, etc. I am sure we have a good chance to get there within a reasonable time frame.
Good Luck to You and to the USNL gang!
Kind regards from Vienna/Austria
GO USNL!
Herbert
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