Replies to post #371 on BioLase Technology Inc (BIOL)

[John B]

We really need a snap back today, but
it may be too much to ask on a low float day.
If not today, maybe we get Buyers back on Tuesday.

[John B]

I am not completely sure how this is going to play out either.
I don't like the fact we closed below the 50 day, but given
it happened pre-holiday, it maybe more of an aberration.
Hopefully we re-capture the 50 day right away on Tuesday.
If not, then the technicals are starting to not match the fundmental prospects.
Once that happens I may have to trade on faith (which can
be kind of scary, LOL). We are oversold on a lot of other
technicals indicators though.