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Re: bundleofsharess post# 39122

Wednesday, 10/28/2009 12:08:37 PM

Wednesday, October 28, 2009 12:08:37 PM

Post# of 58465
I don't like the fact that the MACD is going below zero and RSI is pointing down with ways to go.

now on the weekly the price is still above the 18SMA and I like the fact that the MACD is going up when the price has been going down isn't that a positive divergence?

so I guess you're right this will go further down ( on low volume which is not bad
but on the longer term this has a potential of bouncing off of the $0.50 or just slightly above or below.

if the news is positive though (which I hope it is) this is a good hold.

I just wish I would have listened to the indicators before jumping in as early as I did.

GLTA

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