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Re: Pennymistros post# 21515

Saturday, 03/19/2011 7:51:20 AM

Saturday, March 19, 2011 7:51:20 AM

Post# of 72584
Correct. The current share retirement has not been absorbed. While breaking .03 is a major barrier there are many other MRP's (mental resistance points) on the way. These are points that cause a great many investors to buy or sell that are not 100% technically connected. .015, .020, .025 are not only technical resistance points but they are MRP's as well as break of each of these levels will induce buying.

We get past .015 this week, .02 next. IMO!
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