"Now....where is this supposed to stop...did I hear $1.25?"
IMHO...It will stop when there is news the market likes. Any other hesitation in the drop is temporary and any rise is just a "dead cat bounce". I don't think the pumpers (Agora/Cox/Alan)could do anything about this either.
>> "Please, no more scurrilous attacks on Dr. Seymour.<< Yes, enough of that. Look, if we were at $3.00 now there would not be attacks at the Good Doc"
>>"Now....where is this supposed to stop...did I hear $1.25?" ~~~~~~~~~~~~~~~~~~~~~~~~~ TheBunny,
CHART WISE, WE ARE STILL IN LONG-TERM UP TREND 1. Monthly Chart = Yellow Line (1-Bar) Above Blue Line (20-Bars) EMA 2. Daily Chart = Yellow Line (50-Bars) Above Blue Line (100-Bars) EMA SHORT-TERM = Everybody knows -- we are in a Downtrend
ON THE DAILY CHART: A. TURNING POINTS = CROSSOVERS: ONLY Six Crossovers Since 2006 August 7, 2009 = 0.75 Up *** Means Long-term Up Trend is still INTACT October 2, 2008 = 0.89 Down April 3, 2008 = 0.73 Up June 11, 2007 = 1.00 Down April 9, 2007 = 1.27 Up June 27, 2006 = 1.70 Down
B.SUPPORT1 = 1.10 C. SUPPORT2 = 0.92 D. RESISTANCE1 = 1.38 E. RESISTANCE2 = 1.50
*** Huge majority of posters here are long-term investors. However, few opinionated traders here are forever bashers; makes me wonder why they are here? (to aggravate most readers?). They should go and bash ARNA instead; Shorts are in BIG BIG trouble and need them there.