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Garyst

01/20/12 11:05 PM

#8063 RE: glorifiedmantle #8062

NSRS has had MASSIVE gains since late December and based on the Promo. Todays large dip only to be followed by close to a 100 percent gain off of it shows there is stil interest here but that is based on the promo and the continuance of the em's etc.... This is like a Cat and Mouse game at this point. Everybody is in and everybody wants to have a profit yet there are these dips along the way wherein some sell. On a normal and healthy chart I would call that consolidation and a good thing. Not here. This is a case of who is willing to gamble to see if it goes higher versus those that sell and think it is going lower. The rubber band is being stretched more each and every day. Eventually something is going to "Give" and when that happens it is going to be in a big way IMO and I believe it will be to the downside. Just my thoughts and not being negative but realistic!

Balltilian

01/20/12 11:22 PM

#8066 RE: glorifiedmantle #8062

There may or not be a DCB. Dead Cat Bounce.