Honestly bcapps, I have no idea. I trade by the technicals while following some fundies. Just as when the indicators were very oversold and were a buy, on Friday they became very overbought so a few of us sold. Now we are waiting for the chart to reset. If it explodes upwards from here without us, oh well, there's another 8k buses coming along. Obviously news always trumps the technicals. But this top on Friday was one of the easier ones to see. I guess a few people got pissed off when I mentioned the overbought technicals on the chart. No reason to get pissed off when one is just posting a chart. Fact of the matter is, the chart was correct. But I did have four friends ask for me to post one, and I did. I heard about MFST about two years ago when it was trading at .20. The long term downtrend might be coming to an end, but that's still not a reason to not at least look at the technicals and momentum shifts as they occur. I just follow the indicators and let the chart do the talking. Since Friday at .024+, MFST has been a falling knife. And for a few of us, the indicators are still too high/overbought. Long term, who knows? GLTA
