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Re: sgunderbarth post# 58663

Saturday, 10/12/2013 10:05:50 AM

Saturday, October 12, 2013 10:05:50 AM

Post# of 183737
mornin' SG--I do appreciate your L2 interpretations, you and some others see the machinations there more clearly than I do--I'm thinking the mid to upper 3s next week, with maybe occasionally really teeny tiny volume in the lower 3s. The overall uptrend is showing all kinds of signs of great strength (short or no lower wicks, many gaps up, green closes even on short-controlled down days), so any short-term bearish signals have to be taken with a few grains of salt. If we were going sideways I'd say .0032 bottom, but we broke so hard through .0032 resistance so that I don't think we need to test as support. I think the 2s are a memory.

Next week the 20 DMA should break above the 200--should show up on many scans.