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Re: K-Pax post# 10096

Wednesday, 06/29/2005 1:03:49 PM

Wednesday, June 29, 2005 1:03:49 PM

Post# of 95069
If the lower Bollinger Band does not hold at .05, the next real solid support is .025 or .026 before the big run to .18 started.

We do have .047 and .042 and the prior lows.

On the 3 month chart if we draw a line linking the lows of .042, .047 and .052 then the lows are getting higher and this usually is a good indicator so if this support line does not hold or the bottom of the bollinger does not hold, then yes I will sell.

The last 2 trades are sells into .053 and 7 of the last 10 trades are now sells, so I am concerned, however it is lunch time.

Todays close will be very important.