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Re: Pennyland post# 19

Wednesday, 09/01/2010 4:12:16 PM

Wednesday, September 01, 2010 4:12:16 PM

Post# of 30
ok checked it again. no fall happened but the chart is looking a little scary even with holding pps. i am afraid it will ride the fan line down when it reaches it next week and the 1.70 level will crumble.
but i still see a good play forming, just may take longer here. will keep watching.

ok and right after my post news comes out. normally, especially if its something good, these conferences lead to a nice pps reaction. that date of the 15th falls into a time line that suggests such an event can occur.
however it can just as easily go the other way... kind of like financials. something to watch close, this will dictate how to play it. or you can bet on what they have to say :)

My charts are my own. Any numbers or timing are based on my interpretations of what I consider to be the most likely price movement. My interpretations can be can be wrong, it is always best to do your own charting.
Anything else I post is purely opinion