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slim_trim

11/23/09 1:42 PM

#22948 RE: Mr. Shagala #22945

take a look at pennystock gurus: http://pennystockgurus.blogspot.com/
i think he has a lot of clarity.
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FireTamer

11/23/09 1:52 PM

#22968 RE: Mr. Shagala #22945

Its called consolidation. When stocks go parabolic like it did last week you will have a pretty big sell off due to profit takers. This was way topped out based on RSI and MACD that anyone could have forseen this. This will be a nice bounce play once volume starts to dry up. It doing a 61% fib retrace..which is healthy for the longs but disastrous for the crybaby's who want a quick pop and got greedy.