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Lowjack

07/31/11 2:05 PM

#56403 RE: jrankin229 #56353

Snap a trend line on a 3mo. daily from the close on 5/24 thru the close on 5/25 and extend to catch the low on 7/20 and Fridays low. Then snap a line on the highs from the last three trading days. Just from the steepness of the last three days you would be in a breakout on open. Last trade was .055 that they T-traded, short position of 30% or greater, Test of .049 support as well as the top of the bottom channel.

I would say that this opens at .055 or higher and runs reguardless if there is a debt deal or not. We all know that the value of the federal reserve note to gold is going lower!

NOTE: The bottom of the bottom channel runs from the low on 5/25 catching the low of 6/03, 6/09, 6/15, 6/27. Disreguard the T-trade manipulation of 6/13! small trade way below bid of .024.

Here's the kicker!

Snap a trend line for the bottom of the steeper uptrend from the low of 7/01 thru the low of 7/19 and continue. You will see we closed Friday above that line!!! :-)

If someone could throw up a chart of this it would be greatly appreciated.

Thanks in advance.

Lowjack!