Hello Longs, You guys think this is still going to drip down to the .20's. I have some spare money that I can get a load more and play the market. Don't want to get in now and see it go down some more. Chart people any comments? What is the bottom and what price is it to considered to be oversold? Good luck to all and peace on earth.
You can see the little bloop down to .26 that was mentioned for a three year chart, that was July 2004 but we have to drop below that Oct 2005 low of .30 before I will look at that as next scenario and the little blooper we had the other day doesn't count.
To my knowledge something like that can occur when a huge buy order wipes out all the current sellers and clears the board, taking stops out from everywhere. Now if any one else has a scenario on the cause...please let me know. Wasn't the first time we had a intraday opportunity for serious lower buys
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