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Re: NYPharmer1 post# 358

Monday, 02/15/2010 6:09:27 PM

Monday, February 15, 2010 6:09:27 PM

Post# of 573
Misleading? You don't see the huge selloffs at 12/15/07, 6/2/08 and again around 7/18? I'm telling you this thing isn't playable until it can hold and close above .18. Look at 5/29/08 and observe how it reacted once it pushed above those highs of .20/.21. and the selloff led the price BACK down to .20/.21 (resitance becomes support)

Once GNLK can breakout over .18, the selloff that follows will likely lead to .17 support, and that's when you want to buy it. Until then, this thing can still head back toward .06, which is the reason I have an order there. I'm not trying to scare people into selling, because that's not how the market works. The chart is the only thing you should be concerned with

Nothing I've stated here is misleading