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Re: Snakebite5920 post# 5708

Saturday, 08/01/2009 2:01:34 AM

Saturday, August 01, 2009 2:01:34 AM

Post# of 36407
The uptrend actually started on 6/22/09 - This is a classic trend and should continue for a good while. Months, years, as long as each quarter beats the last.

The moving averages are all pointing up and are near a similar angle. The 20 day MA @ a 45 degree angle is still in tact!!! If it keeps the same angle for another 90 days it will be @ .009 which is not bad. I'd like to see the angle increase to about 70 degrees so we can see .01 by 9/15/09 -

Just anticipating what the chart will look like in the future.

There's absolutely no reason to sell any shares until we hit .01 where most people will hit the sell button based on the huge psychological 'block' to get through that number.

More later.

Until next week.

Erik

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