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Re: BMiles post# 3384

Tuesday, 01/08/2008 10:42:58 PM

Tuesday, January 08, 2008 10:42:58 PM

Post# of 9504
Well I hope you're right, and I can learn from anyone. I never really understood why this wasn't allowed to build up some momentum before the dumping started but I've seen just piles of shares dumped on the bid over and over again. Before the split I was flipping the hell outa this building a position. I was pretty positive that if I sold a portion at the morning spike they would accomidate me by driving the price down so I could rebuy more later. My flaw was I should have been skimming the change instead of rebuying more.
Believe me I don't see this as a contest to see who's right. I want to hear differing opinions.
I will say that tech indicators have been worthless here. An unsustainable selloff has proven to be anything but. If you look at the chart you will see that there can't be anyone selling at a profit, but selling they are. You can't see the resistance but it has been there consistantly. I'm guessing that at the next filing there will be another 20 mil or so outstanding
They've taken their hand off the top of our heads the last 2 days to let us get a breath. The bully will be back.

Good luck Brad

Sorry if I'm a smarta$$, You seem to be a gentleman