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Tuesday, 05/29/2012 1:57:08 PM

Tuesday, May 29, 2012 1:57:08 PM

Post# of 784
The Facebook Buy Level

Facebook Inc (NASDAQ:FB) continues to fall sharply, trading at $29.19, -2.72 (-8.52%). As most investors panic and run for the exit, smart traders and investors are eyeing it for a buy. The key here is to recognize the insane hype leading into the IPO and now the nutty hype on the bearish side. When this indicator reaches a maximum, a reversal takes place. Right now, Facebook is nearing its maximum level of negative hype. ...Continue reading here: http://bit.ly/KD0Qun

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