News Focus
News Focus
Followers 1
Posts 89
Boards Moderated 0
Alias Born 07/02/2008

Re: koda02 post# 15513

Friday, 08/15/2008 3:01:15 PM

Friday, August 15, 2008 3:01:15 PM

Post# of 30643
The chart does show the truth, and those technical indicators are directly from the chart. I believe the chart shows a bounce back to at least .01. Panic selling has nothing to do with the message boards, and everything to do with the chart.

.01 was a very important support, and dipping below that is disconcerting. That is where you see selling pressure from, IMHO. But that doesn't mean it's smart to sell at a number below .01, when the indicators show that the PPS is primed to bounce at least back .01-.011 or so and you can sell there if you feel uncomfortable. In my opinion, lowering your ask to .0085 isn't advisable...I would be sitting at .01 at the minimum.


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y