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Friday, July 13, 2012 2:46:39 PM
I was paraphrasing lowman and acknowledging the the dismal prospects of the viewpoint he suggested. I also referred to turn144's optimistic scenario. My conclusion was "We shall see." Refer to my chart and observations in post# 73961 and you will see that my long term objective is .25 based on technical possibilities in response to a rosy earnings future. But I also warned that .0025 is not out of the question in the short term be it due to the Darth seller or drifting due to lack of buyers' interest.
Lowman makes a good point that technically, the Bollinger bands must resolve soon. There is a chance that price could move significantly from either side of the bands once broken. Personally I don't have the slightest idea of how this will resolve, but I have ammo in my belt waiting for Bollinger to make his draw.
There are 2 basic ways to view the reality of constantly declining price; optimistic and pessimistic, which suggest courses of action. In the long trek of riding to yonder peak I think it prudent to scout all paths no matter how gloomy some short term possible pitfalls appear.
As the great Duke said:
"Courage is being scared to death... and saddling up anyway."
In regards to your statement, "submitted for your consideration", Let's leave Rod Serling out of this!
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