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MuchCompensation

10/29/07 6:17 PM

#34893 RE: Imperial Whazoo #34889

Nice post Imperial, I hope you don't mind me taking this liberty, but this statement of yours sums it up for me.

"How people trade this normal chart activity is their business, but I'm not shy about it: I had three choices, lighten but keep a core, sell all, or accumulate. I chose the latter, accumulate. Everybody else should just make up their own mind but all this weeping and gnashing of teeth has me puzzled. I was watching for this and the volumes are not alarming, so I'm neither surprised nor upset. I expected it to retest the support levels. Its as simple as that."

MC
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Traderfan

10/29/07 6:25 PM

#34897 RE: Imperial Whazoo #34889

Quiet frankly IW, you now say that you were always expecting this drop to retest the lows. Well, I looked at all your postings. I didn't find ONE posting while we have been over .01 where you said that you are expecting a decline to these levels. Instead all I see is commenting you how stable this share price is and how much of a strengh this shows. FWIW.

Furthermore you always talk about certain support levels. You named .005 or .003 or .002 or whatever. That is a huge range. So where is the important support level then? It's a difference to wait for the support level to break at .005 or to wait for breaking the .002 level, don't you agree?

I hope you don't mind me asking a bit further.....