Techisbest ... many thanks for your post. Please keep sharing your forthright TA, thoughts and insight with us. Your posts have been invaluable to me. Keep up the good work.
I am heavily long in DPDW. I will be a strong buyer again tomorrow to take advantage of the likely opportunity.There is a good chance that capitulation in the markets will take place tomorrow. A 5 to 10% selloff in the indexes tomorrow would most likely constitute panic capitulation ... with the VIX volatilty index and other oversold indexes screaming buy ... to those who have the wisdom and courage to buy in the midst of a panic sell-off.
Tomorrow's likely panic sell-off may well put in the lows for the year. At the very least ... it should trigger a strong oversold reaction rally ... that should see many quality bluechip stocks rally up to 30% in a matter of days. DPDW may very well bounce back to $1 in just a matter of days ... from tomorrow's likely lows.
Instead of fearing a panic selloff in the markets tomorrow ... DPDW posters here ... should get their dry powder ready for the best buying opportunity in DPDW that you will ever likely see again. I predict here now ..that DPDW's share price will literally double within 7 trading days from tomorrow's low price of the day. If DPDW closes the gap at .57 ... buy it as fast as you can with both hands. It may not close the gap . It does not have to. If DPDW shows strength wihout selling off ( when the rest of the market is selling off big )... then buy DPDW as it likely will strongly rise when the rest of the indexes strongly bounce back up from grossly oversold. Opportunity belongs to the wise and the strong. And ... in this case ... to those who still have some good dry powder left.
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