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Re: MotionBlur post# 6130

Wednesday, 11/27/2013 8:19:58 AM

Wednesday, November 27, 2013 8:19:58 AM

Post# of 15276
That's about my strategy at this point, if it goes down to 1.80 I'm going to take profits and wait for a bottom. If that is the bottom, I'll start buying back in around 2, when I can be sure there's some good momentum upwards. I'm afraid some people here would be making excuses all the way back down to a dollar. At this point, only the Good Lord might know the reason for these price moves and even He might be out of the loop. I don't understand the people who are saying that the technicals look good - it's way below the 50% retracement, it's way below 61%.
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