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Hockmir

11/02/06 1:45 PM

#142511 RE: jim1234 #142496

Rich - The chart is a retrospective look at past price variations of the stock. Based on empirical observatons, folks have derived rules that seem to be able to anticipate probabilistic movements of stocks in a free market situation. the chart does not dictate the future. In a case like this, where the entire investment community will be driven by the actions of PV and others at Sulja, the chart means nothing.
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opportunistically

11/02/06 1:46 PM

#142513 RE: jim1234 #142496

Rich - my chart shows we have conclusively pierced below the 50 day MA today. That is the first time this has happened since the first big run up in price several months ago.

However others may want to spin this, it is very bearish technically

Opp
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The_Free_Nebula

11/02/06 1:50 PM

#142525 RE: jim1234 #142496

the 50 DMA is important as a snapshot not the end-game. And yes I will change my thinking. I will scrape more pennies together to buy more stock...

T...