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Re: oilin07 post# 1957

Thursday, 12/15/2011 4:49:31 PM

Thursday, December 15, 2011 4:49:31 PM

Post# of 48224
I'd be carful here. I've posted all along that I didn't buy that ALZM was headed str8 to 0001 without a technical reversal and that really all I expected was a decent bounce which we had.
If anything I would look to see if there is any type of consolidation at the .006 level.

I've been on this chart for along time and just when you think the selling is done or slowed the ask will drop.
Def. some shifty mm activity going on.

Again I am just asking you to proceed with caution.
Yesterdays 10K shows that the company is in trouble.

So if anything there may be some decent gains to be made on technical bounces but long term I am a skeptic.

The bounce was a combination of buying pressure from technical traders combined with a little bit of short covering IMOP.
Good LUck 2 all..

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