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Friday, October 14, 2011 2:30:21 PM
Case in point, you noted on Sept 27th when the pps was about 300% higher;
"Nice healthy pull back...back to neutral between overbought and oversold...healthy action...
Won't even consider selling till we see over 10M in volume on the day...(well..actually that's a bit of a stretch...have considered selling some twice on the way here...fortunately my rational mind overrode my emotions...and glad it worked out that way...price is much higher now, with much more to go...lol) "
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67458258
Looking back, some deeper analyzing of the chart would have brought forth that indeed it was time to sell. That time was the start of a deep decline to now about only 1/3 of value and definitely no "healthy action".
In fact, some would analyze your posted chart as there is further decline of pps in the future or at least very little bounce as this thing forms a lower base before even yet another possible decline. Any "explosion" is of course shown to be quite negative and quite possible there is more destruction to the pps in the works and any "turning up" will be of little substance overall.
Also volume is going to be hard pressed to 10M one is looking for. At least without the risk until the pps is so low the the dollar volume will still be quite lacking.
Chart looks like its ready to turn back up...this is gonna be an explosive ride...!
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