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Message: Re: Short & Long Term Technicals *DO* look bad...

G'morning Madstal..

Just thought I would take a minute to comment on the technicals this am.

For those comparing our chart with the "classic P&D" video posted here, take the time to actually look more closely.

GNH is not a pump & dump configuration, otherwise sp would be sitting about .20 cents.

Again, it is my opinion that we remain in a consolidation area, brought forth by lack of news, and investor fatigue. High volume spikes during the uptrend are what we have, and diminishing volume on the descents.

Completely natural. Frustrating, yes, but until we know more, its just where we are going to remain. Again, you can't trust the computer generated TA, "short term bearish" can mean a day. People tend to only see the word bearish and think we are doomed.

I still see consolidation between .40 - .50 cents, but am no longer adding to my position until we see more information.

My exit strategy is in place should things go south, but not anticipating it.

JMO

GS40

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