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pumper_stumper

02/09/12 4:41 PM

#43280 RE: Ex Blockman #43279

hmmm not mentioned is the fact this POS is under the 200, 50, and 20 day moving averages. In a word pathetic.

If one had used the meaningless "accumulation" indicator and bought because it was hitting new highs in late November, one would be down over 60%!

Here is example of how pink sheet "logic" works when it comes to technicals:

If Emax was over its 20,50, and 200 day moving averages it would be "it's bullish folks, we are over all the moving averages, buy, buy, buy".......

but, when Emax is under those same moving averages you hear.....<crickets>.

Yes, when it comes to indicators, POS pinks like Emax are a one way street! Indicators are bullish, but never bearish. If one indicator is bearish, skip it, look for one that is bullish and use that one ;-)

Can anyone show me a discussion of technicals, at that time, that told us to sell at 0.0023 in early December??? See what I mean ;-)

no_brag_just_fact

02/09/12 7:43 PM

#43283 RE: Ex Blockman #43279

I'm surprised it held as well as it did seeing as the boardmarks keep dropping. The direction of the boardmarks always mirror the SP or is it the other way?

NB

Sonny

02/10/12 9:32 AM

#43301 RE: Ex Blockman #43279

Ex Blockman

Agree, chart is starting to shape up again. Could be that time for the next move up. However, for those that are trying to sell your shares. Here is a suggestion, dont' put so many shares on the asking price. You might get what you want then. GLTA.