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Saturday, January 13, 2007 4:34:57 PM
So what are you basing your HUGE optimism upon? Is it because the pps went up from .0003 to .0005 w/o any kind of outsider news?
If this is the case, you may want to visit stockcharts.com and review as many pink sheet stocks as possible. Especially the ones that have had no news for a significant amount of time and still have spiked for a tick ot two. Then review the CCI, MFI, Aroons, ULT, etc etc. I have done this and have seen them play out and retrace quit quickly to their low support.
If one studies USXP or QBID who went to astronomical heights on pure rumor, one will see that the signals were not in a retrace as they are in BKMP and that after the Aroons peaked out the retrace followed immediately. I did notice one Aroon that fluctuated at the peak, but here the overbought signals were still on the upswing.
Here the overbought signals are definately going back down.
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