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Post# of 120649
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CashMoneyCarl

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CashMoneyCarl

Re: Archery Class post# 108597

Friday, 01/19/2018 11:29:57 AM

Friday, January 19, 2018 11:29:57 AM

Post# of 120649

so if the bottom falls out then we go into a free fall until support is found?



I am not saying it WILL .. I am saying it COULD. Noting with stocks is guaranteed. In most charting cases, the 200DMA is a solid line of support, usually one of the last ones. So in general, I would answer yes. It could drop until it decides not to. To me, and you can take it however you want, but to me its a bad sign.

I will not be exiting my position as I am in this for the long haul.

“We are like farmers chopping down the fence for fuel when we should be using Nature's inexhaustible sources of energy. I'd put my money on the sun. I hope we don't have to wait until oil and coal run out before we tackle that”. — Thomas Edison

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