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Re: Epic post# 2450

Monday, 05/10/2010 3:55:12 PM

Monday, May 10, 2010 3:55:12 PM

Post# of 66420
When a stock breaks through the floor and hits a NEW ALL TIME LOW, that is not a "bullish chart".

YOu guys keep saying the chart looks good. HOW?

Going down to the lows is NEVER a "good" chart. Why do you think it is good? Can you truly read a chart, or are you hoping that others don't know how either, so when you say it looks "good" you rely on their ignorance to not say you are wrong?

The chart isd NOT bullish. Not when itis back down to 0.0028 and the bid is at 0.0027, a new all time record low. Bullish would mean SUPPORT. Trends showing a certain level that it does not break. If it breaks that support, then charts are showing a BEARISH, and you wait until a new support has been found. Here? No new support has beeen found yet, so the "Chart' is not bullish.

And like you, I'm not talking about the company. I'm saying the CHART shows a break in support, and that is NOT a bullish chart no matter HOW you try to spin it!