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Re: RoboTrader post# 77876

Saturday, 02/06/2010 2:24:58 AM

Saturday, February 06, 2010 2:24:58 AM

Post# of 375420
Daily charts starting to weaken. 60Min still has room to go down. It didn't close down much lower today, but the pullback happened as expected and it wasn't easy to keep it @ .023 towards EOD.

Check out these charts. I don't know about you, but it sure looks bearish to me. It's doubtful that we will get any verifiable news anytime soon while Dean and Co works on the "acquisitions".

Hopefully we stay above .022 and it just moves sideways if it does indeed stay on this bearish trend, but don't be surprised if it goes lower than the support levels given the history on this.