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Tiny Glutton

08/15/08 3:01 PM

#15514 RE: koda02 #15513

The chart does show the truth, and those technical indicators are directly from the chart. I believe the chart shows a bounce back to at least .01. Panic selling has nothing to do with the message boards, and everything to do with the chart.

.01 was a very important support, and dipping below that is disconcerting. That is where you see selling pressure from, IMHO. But that doesn't mean it's smart to sell at a number below .01, when the indicators show that the PPS is primed to bounce at least back .01-.011 or so and you can sell there if you feel uncomfortable. In my opinion, lowering your ask to .0085 isn't advisable...I would be sitting at .01 at the minimum.