Why is it that people have so much trouble talking about this stuff? It's staring investors in the face but we are not allowed to utter the words?
Chart formation aside, I sense a beginning of a weakening in the downtrend in some momentum indicators, MFI and Slow TRIX. However,indicators have less credence than chart formation, and none against the story of the fundamentals behind the play.
My questions concerning the downtrend center on the fundamental aspect of the play, like: who has been selling and when will it stop.
I agree, it was a low volume day, and 4.1K ... I wiped out a good day.
12/27/2007 YOU SOLD DPDW DEEP DOWN INC COM Cash Shares: -3,000.000 Price: $1.02 Amount: $3,051.95 Comm: $8.00 Fees: $0.05 Settlement Date: 01/02/2008 12/27/2007 YOU SOLD DPDW DEEP DOWN INC COM Cash Shares: -1,100.000 Price: $1.05 Amount: $1,146.98 Comm: $8.00 Settlement Date: 01/02/2008