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$tockfather

12/02/11 7:38 PM

#889 RE: ministeren #888

GBG- closed .949 Up 0.96%, well it ain't much of a gain but it still closed in the green.lol

This is still in oversold territory based on the charts. At the moment it seems to be bottoming out, however does it have the fundamentals to see a reversal at this point???

Next week will be a good indication if this is ready to see a reversal or if it wants to continue trending lower.

A break @ .97 is what we want to see here. if it breaks .97 it will signal a for a reversal. I don't want to see this go below .90 again or it may continue the down trend putting in new lows.IMO