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Re: xristosx post# 6113

Friday, 11/12/2010 8:36:19 AM

Friday, November 12, 2010 8:36:19 AM

Post# of 67010
@ .0019 support yestrday was excatly I thought it would be solid. Another thing now that we have to consider we just have are GC-Golden cross on daylies charts 20d SMA crossing a 200D SMA. In the previus post I post that PPs have the tendency eventually come back to 20D SMA. It might happen that would be .0016 again which now is even stronger with 20d SMA and 200D SMA. On 60 min charts this pull back would give a triple bottom, lot's traders who knew charts know whats that mean-Absolute bottom in this new bullish Pattern. On daylies 3 day down RED candle it's due for green one, but again Friday and company did not releasing any PR's yet could some frustraded sellers make desicion that later might be regreted. Anyway my outlook is good for the Long therm since we manage the GC and PPs will hold above 0.0016, for short therm, that depend byuers VS sellers actions, It might DIP to 0.0016 again or it will hold the ground and attack again upper BB @.0031.

Good luck to all here and heappy trading

I'm loaded and holding, not selling a share @the moment
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