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lowman

10/01/11 8:17 PM

#13884 RE: BOS #13882

Consolidation and volume are the key factors. Friday's consolidation appears to have been on lower volume than the previous. Good sign. People are buying and holding. OBV, as I said, showed less of a selloff this time around as compared to the last selloff. Friday profit taking was only to be expected, which is why I myself waited before taking a position. Might (and I do stress 'might') see another quick dip to .009 area before taking off again. Investors should be prepared so as not to be fooled by a second, low volume dip. I hate to see ppl panic/sell outta unjustified fear.

exlax

10/01/11 8:35 PM

#13886 RE: BOS #13882

I absolutely agree!!! Watch those low .009 as support, must hold those! Wouldnt be surprised if we touch those early monday. Just like last week when we touched the .0047/.005s, that the shorter last week was saying we'd crash through and then fall too .002, kind of off on that.

Cube

10/01/11 10:08 PM

#13893 RE: BOS #13882

Correct and I would love some down there. Stocks can't go straight up and this one needs a breather but it may be short lived.