AI
Tuesday, September 19, 2006 9:23:07 PM
Update PBLS
Link back for opening commentary.
6 month daily.
PPS - Down-right ugly. As i said, with the amount of volume since Jul, naked short position would have to be in the HUNDREDS OF MILLIONS for a decline like this. I just don't think that's possibble. IMO.
Volume - On the bright side the huge red spikes just started getting shorter. Red volume overall seems to be decreasing. IMO we will still see large but increasingly shorter red spikes bringing us down more. They are not done yet. If I and others place the audited financials after the first of the year expect to see PPS decline until then. Possibly very low subpenny IMO.
6 month Tech indicators.
MACD - Bars decreasing toward 0. Lines getting ready to or possibly have rolled over already.
RSI - Which had started to show signs of a reversal is now once again starting to trend down.
Stochs - Are down as low as you can go. Pretty soon they will flatline at this rate.
ADX - This is the scary part. ADX is opening up but not for a run up but for more down. DMI+ is headed down fast. DMI- is above the ADX and headed down not a good sign here at all folks. During this crash almost every time DMI- crosses under ADX and stays there we get a hard run down and when DMI- crosses above ADX more of the same. I'm not even going to post M/F and A/D because there is NONE to speak of. They are crashing hard.
IMO it is PBLS that was/is artificially causing the PPS to go down for there own benifit. Certainly this is not for OUR benefit. I apologise to those that do not agree with this but as you all know i have always posted honestly here just the way i see it and nothing more. Nothing has changed there. This is JMHO.
Link back for opening commentary.
6 month daily.
PPS - Down-right ugly. As i said, with the amount of volume since Jul, naked short position would have to be in the HUNDREDS OF MILLIONS for a decline like this. I just don't think that's possibble. IMO.
Volume - On the bright side the huge red spikes just started getting shorter. Red volume overall seems to be decreasing. IMO we will still see large but increasingly shorter red spikes bringing us down more. They are not done yet. If I and others place the audited financials after the first of the year expect to see PPS decline until then. Possibly very low subpenny IMO.
6 month Tech indicators.
MACD - Bars decreasing toward 0. Lines getting ready to or possibly have rolled over already.
RSI - Which had started to show signs of a reversal is now once again starting to trend down.
Stochs - Are down as low as you can go. Pretty soon they will flatline at this rate.
ADX - This is the scary part. ADX is opening up but not for a run up but for more down. DMI+ is headed down fast. DMI- is above the ADX and headed down not a good sign here at all folks. During this crash almost every time DMI- crosses under ADX and stays there we get a hard run down and when DMI- crosses above ADX more of the same. I'm not even going to post M/F and A/D because there is NONE to speak of. They are crashing hard.
IMO it is PBLS that was/is artificially causing the PPS to go down for there own benifit. Certainly this is not for OUR benefit. I apologise to those that do not agree with this but as you all know i have always posted honestly here just the way i see it and nothing more. Nothing has changed there. This is JMHO.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
