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Re: olympus post# 13382

Friday, 02/23/2007 8:11:26 AM

Friday, February 23, 2007 8:11:26 AM

Post# of 42610
The charting service is recognizing the obvious resistance in penetrating the 4 cent level but the sell signal is equivocal with the cautionary IF. If my grandmother had balls , she would be my grandfather. The problem with trading a stock at these levels is that you run the risk of a surprise which makes reentry at a higher level difficult and psychologically damaging.The trend is your friend. It will be interesting to see if their is a reaction before the tailings commencement and the effect of the new volume increase on volatility.