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RamsInfiniti

02/05/10 12:31 PM

#112838 RE: comeonnow #112835

The flagpole formation is over saturated. A short term move for a day or two in the 0.0095 to 0.01 would signify the final phase and near end of it. REALLY hard to screw up these formations ...

Form a technical standpoint, significant buying pressure would result in a very nice bounce. Without it, you have a dead channel, that will continue downward until Watson does something significant to save the day ....