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olddogwithnewtrix

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olddogwithnewtrix

Re: penn33c post# 3098

Friday, 10/17/2008 3:45:40 AM

Friday, October 17, 2008 3:45:40 AM

Post# of 7536
I am still long, but this chart is nasty, and volume is drying up. We will need gang buster sales or earnings to reverse the trend that is currently in place. the 13dma has crossed the 50 and the 20 is fixen to. Every other major indicator is shiiit. probably base around 3.85-4. This where the 200 DMA is. But to reverse these technicls is highly unlikely without major news.
good luck
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