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Re: jackson227 post# 57025

Friday, 05/15/2009 12:19:51 PM

Friday, May 15, 2009 12:19:51 PM

Post# of 76394
I am at work and do not have java installed but I will give you a little run down. If you look at the weekely we went above the top bb and right now are slighly under....this trend should continue imo. The moving averages are starting to cross one another. All the money indicators have turned up sharply with buyers including the accumulation. On the daily chart there is clearly a big gap from four days ago that needed to be filled. Many thought it was filled the other day when we touched .009, but there will be strong buying pressure the closer we get to that. It is the floor, if we even get there. I persoanlly think we saw the floor at .01 today. Also on the daily we were brought back inside the top bb which is healthy. The MACD is slighly above 0 which it has not been in a long time. There is also a big gap between where we are now and where we were before the big drop. Usually comes back to atleast that point after huge selling like that. Now I trade with a little different style than most and like to get n before everyone else....so this is all my opinion don't buy if you cant loose the money!

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