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Re: andrius post# 6987

Friday, 08/28/2009 11:58:48 PM

Friday, August 28, 2009 11:58:48 PM

Post# of 36407
That line you mention doesn't really show anything at all. If you can draw on a chart and post it and make notations with what you're thinking then maybe I'll see what you're talking about.

As of now the last time it was @ .006 which will be the next technical resistance was the month of 1/8/2006 - before that, the high of .009 the month of 1/7/2006 will be the next technical resistance but probably bust thru it to .01 the next and most important psychological resistance, which was the high the month of 1/6/2006 - Prior to that .014 & .016 have highs the months before that and may not even play a role in technicals if we get the news we're looking for.

Those numbers are simply past high prices and really don't mean as much as what's happening now. I would tend to think on the lines of all time highs coming and looking forward. The business was nothing as it is now with the customers it has, the times we're in, the volume (interest) in the company at this point in time, & the current chart w/ 3 months in a row of gains.

One more interesting technical piece of information, we busted through the 50 moving average on the monthly chart this month.

I believe it will act more like a stock that is trading @ all time highs and not even look at technical numbers except .01 which may get stopped at by many wanting to lock in huge gains.

My first order is @ .0199 - after that I may keep a chunk until they post a slowing quarter then the prior which may show a shift in the business. But we'll see, maybe I'll trade half starting at .01 - I'm not really sure yet until I see how it moves once it get's there. I think it will run hard and move faster in the penny's.

GL

Erik

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