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Post# of 45194
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bucko158

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bucko158

Re: joseywalestx post# 29142

Friday, 02/09/2007 9:30:19 AM

Friday, February 09, 2007 9:30:19 AM

Post# of 45194
Josey some people including MMs play the buy at support sell at resistance game and that has been happening here. As the support and resistance get closer together, people hold longer and skip the first resistance level, the first resistance can be broken and becomes the new support. Right now the support is at .023 the MA(200). If we can close at .027 or higher that will become support the MA(50). IMO, the news today can make this happen. The really good thing about the chart here is that it is in an uptrend and all the resistance levels are easily within reach. This greatly increases the possibility of a big run. That is why I am here.


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