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Tuesday, June 06, 2006 10:52:01 AM
Not sure if it's a temporary reprieve or an actual bottom... I guess time will tell. I have the feeling that there are still a lot of 'traders' who are very nervous and might keep this thing from bouncing with their selling pressure.
It's usually a mistake to sell during extreme negative sentiment... I'm holding the rest of my shares for now and will just wait and see what happens.
I was buying IPRE at .0008, .0006 and .0004 during EXTREME negative sentiment when everyone was worried their shares were gonna be worthless and made a killing on the run up to .005 (when everyone was thinking it would go to .01).
Keep the emotions out of it, sell when people are buying and buy when people are selling. That's the formula that has made me lots of $ and allows me to trade for a living.
More of my two cents. Take it FWIW
JT
It's FOREX time everyone!
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