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NORTH LAND

10/28/10 9:53 AM

#30184 RE: madtig6 #30182

End of day price .265 Whew!
Selling started heavy this am but has subsided!
Intraday yesterday we seen .25 But did'nt break that level!
Bigbreak is still standing! Must break .25 end of day
The tie always goes to Bigbreak!
Not intraday.
Close but no Cigar!


IMGG4TP

10/28/10 10:31 AM

#30193 RE: madtig6 #30182

Valuable lesson learned......don't fight the tape!

Nihonto Chicken

10/28/10 10:38 AM

#30196 RE: madtig6 #30182

Yup, candle today so far confirms the break downward, but it's not over yet. Still, looking like the ol' BB downhill slide:

http://stockcharts.com/h-sc/ui?s=IMGG&p=D&yr=0&mn=10&dy=0&id=p79260429696

Weekly chart indicates a continuing bleed, lower standard (20,2) BB currently at .20 is a reasonable interim target, could go lower depending on whether and how long the pps "sticks" to the descending BB.

http://stockcharts.com/h-sc/ui?s=IMGG&p=W&yr=3&mn=0&dy=0&id=p89353931782

I'm still just sitting on my meager shares (~.20 average cost). If IMGG vaporizes, I'll be out a few thousand dollars, not a real biggie. If instead it goes "toodamoon", I'll kick myself for not having bought more, will make some good money, but no life changer. But there is sufficient question, IMO, to preclude throwing significantly more money into the IMGG pot. YMMV.

NC