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Re: fais007 post# 32160

Tuesday, 06/08/2010 12:53:07 AM

Tuesday, June 08, 2010 12:53:07 AM

Post# of 167539
fais, let's apply the chart for HMIT and see how DD will be crucial. We are currently sitting at .0014. Let say every day this week we will down tick 1 tick each day. So by friday we will be at .001 with a nasty looking chart with a down slope. From looking at the graph ONLY I would not want to buy this stock and most likely sell what ever I have. However, because of my DD I know that we are waiting on certain important pr that can take place any time and can seriousely drive pps. Therefore, my dd tell me to hold or average down. Then BOOM on Monday we get the news that my DD told me that we are waiting for. PPS goers up 50+%. That rise in pps was driven by news and not chart. see what I mean?

I'm entitle to my own opinion and you to yours! Now let's rock!