Tuesday, September 23, 2014 3:11:23 PM
If this is converts then it should be mathematically possible to calculate how long before this stops and yes I do believe we will have a bounce. How far is anyone's guess but just as I do not wish to buy a stock that is far from the 50 day sma and the RSI is at 90 and Full Stochastics overbought, I also don't care to short/sell a stock when the RSI is below 20 and the Full Stochastics are oversold. As I said in an earlier post here....no chartist worth his salt would be touching a stock with a chart like this except for a counter trend rally and that is extremely dangerous. I am sure you would agree.
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