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Re: Coniba post# 16591

Saturday, 06/04/2011 1:30:01 PM

Saturday, June 04, 2011 1:30:01 PM

Post# of 75794
I agree with you also on the 50dma. I posted a msg in the early AM on Friday and said that Friday would be a big test as we were 3 days below the 50DMA on a 10 day chart. I was looking for the bounce above it to decide to cut losses or hold on. As of now we are looking good due to the bounce off the 50.

I don't use charts as an end all be all but with pennies you need something to help you because there is so much bs everywhere you look from people with blinders on.

Time will tell.