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Re: PhlipSky post# 67619

Monday, 12/07/2009 6:42:48 PM

Monday, December 07, 2009 6:42:48 PM

Post# of 111729
That's a good chart philip...and I do see how you can interperet a move to sub-penny, but did you notice that the closer we got to .01 today the more the buying picked up? And on your chart notice everytime RSI touched the oversold line there was a pop. Well we're there today. And if we get an announcement of the CE getting removed in the next 2 days, the SP would easily blow past that second resistance line, as it is not that far away. And if we close above it (it's at about .017 now), as you know, that would send out a buy signal since we haven't closed above it since the pop in late July. If DF couples the CE announcement with news of some revenue, we could have a multi-day pop.