Replies to post #10217 on NanoViricides Inc. (NNVC)

[incubus-now]

as i'm sure you already recognize, the overall market has a tendency to sell off on Friday, especially when there are positive days like today. the pundits are praising the markets again (see pmsnbc), saying 'we've seen the worst' despite signals of some issues that 'haven't fully worked themselves out'. i assume that technology and commodities in general will continue to lead the way as the market tends to look into the future for it's trend and also we all like to eat and buy 'stuff'. i believe the banks have seen the worst (they went back to their previous lending practices, not lending to unqualified buyers) and many are saying the housing market has already bottomed, especially in CA where it didn't really go anywhere in many areas like the Bay Area. People just decided not to sell and the pricing held despite what the media says. i can say that with conviction from touring homes on the weekends to keep up with the current market. with inflation, it will be interesting to see if interest rates have reached their lows for now and will slowly move higher as liquidity is regained through different methods of infusion with some of the more substantial banks aka wamu, citi, etc. the wild card are taxes. people are having a more difficult time with food and gas prices and some suggest to increase their taxes to further increase their challenge. that should decrease personal spending, travel, the housing improvement market and more. so getting back to nnvc, Fridays are usually a good time to purchase new shares. We'll go back to the dramatic shifts in the market, like today, and give a good portion back - that usually happens on Friday. that was the reason for my casual comment. I also believe we'll see prs sometime soon, have zero idea when, so some of the flipper/daytrader types will bail out now with nothing new as they want to free their cash up again to take advantage of the shifting market. Key motto for them is: cash preservation. take your profits, come back when the pricing is right or when something will move our stock price.