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Re: feddupwithnitwit post# 12402

Friday, 11/20/2009 10:38:15 AM

Friday, November 20, 2009 10:38:15 AM

Post# of 23883
It's hard for me to call a specific day on this chart, especially since we are still in a consolidation zone, but it looks like we are reaching the end of consolidation and will move upward.

The chart says it will be anytime between now and Jan-15th are likely, but I have a strong feeling it will be either next week or the week after.

The bollingerbands are tightening up and offering support close to .0020 which matches the critical support areas I was talking about yesterday. That's a good sign and means that if we do get a move down to the bottom band again it will confirm support and bounce upward. When the bottom band crosses .0022 even better, but .002 is good enough to solitify the chart.

In the meantime, this is good accumulation time. I wish I had more money to add. I may dig some up for today.