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loniee

10/10/08 4:30 PM

#545 RE: marcg #544

I got out when I saw .15 fail..some how I managed to get out on the only .18's that traded that day and it was first thing in the morning.The day before we were hit with a ton of volume that did not hold..I am looking for a break of 08 to 10 and it to hold there instead of sell down EOD.That is just me though.and I sold on the ask as not to hurt anyone.fyi if you wanted to know.gl and this is on my screen and I know there are alot of us watching it.
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klopolki

10/10/08 4:47 PM

#546 RE: marcg #544

the lowest it can go is before the shell was bought. 004 or thereabouts to fill that gap. mms are finding it hard to get sellers under 03. a reversal with a buy volume above 500k above the dma20 on that particular day can possibly be a buy signal. it may take a while to confirm the uptrend with the price piercing the bollinger 20 upper band. buying here for a positive trade looks ok, until that uptrend is confirmed. the idea is to always be cash positive and cash available in a choppy market.