InvestorsHub Logo
Followers 126
Posts 7338
Boards Moderated 1
Alias Born 12/03/2017

Re: Jim46 post# 162186

Friday, 10/14/2022 3:22:17 PM

Friday, October 14, 2022 3:22:17 PM

Post# of 198954
The next few days should be rather telling Jim. I wouldn't even attempt to guess right now at which way they'll go next week. Right now all looks like it's on the up and up. However, back in April they took us all the way down into the 05s, and drove the RSI into the teens while doing so. Then we saw a few days similar to this week, and the pps went all the way back to .0987, and the RSI back into the 70's. After the close at .0987 it only took them 3 days to erase most of it and push back into the mid 07's. Then it was down, down, down up until this past week.

My point is this.... Back then in April we all thought the blood bath was over and we were on our way back up, only to fly through 6 more months of Groundhog Day and nonstop beatdown to arrive at where we are now. In other words, it doesn't look like we'll be back to .025, but those in control have proven time and time again that they can drive this where they want, when they want, at any point, so I'd say you are smart not to remove that bid just yet. We'll see how today, and the early next week plays out, and hopefully it will tells us with a little more certainty which way we're going...