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Message: Looks like we bottomed at .15

Looks like we bottomed at .15

posted on Jan 17, 2009 12:04PM

Which makes any pull back to sub .30 a decent buy .... I personally will wait until .20.

On the other hand if the market remains firm and without a significant down turn we could have the formation of a cup .... if we stay steadish to form the handle.

If we do get the cup and handle ... taget of .53-.55 .... very worthwhile for anyone not invested and possible opportunity for a quick pop for us long termers on a quick trade.

For the oldtimers .... sub .60 remains an atrocity and .80 is only a return to respectability pre MOE days.

Orgy





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