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Re: familyof5 post# 563

Friday, 09/02/2011 11:00:44 PM

Friday, September 02, 2011 11:00:44 PM

Post# of 38564
Hey Family...I wouldn't worry here. Volume still looking very healthy, bid support looking strong...yes lower lows being set this week, but still on low volume and whacks of 100K and more are still getting absorbed nicely. this is far from a falling knife if you know what I mean. The charts are still looking very good here. Very nice ongoing accululation.

Now, the trader in me is saying if you're in much higher, throw some support under that bid and help keep it above that 50-day MA (.007). SOmetime when you see whacking like this in a promising play, it's just someone trying to scare folks into selling so thay can grab more shares. Hart to accumulate without doing so sometimes in these low-float plays. Another thing to keep in mind is that the lower this goes, the more capable folks are of buying bigger lots to get it back up to where it was headed last week. Got my started yesterday here at .0072. Next order's going in at today's LOD (.0065). If I get a fill, great. if not, you got me there for some extra support.

Charts not showing dilution here. Just a little continued churning. Gotta put today behind ya.

LUXD - Daily Candlesticks
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