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Message: Are we at the bottom?

Another rough day. Volume was only 1/3 of yesterday however. I am very glad that I have level 2 with itrade. I was watching very closely and put in a bid for 1,000 @ 5.95. After seeing the asks falling with volume close to 5.95, I canceled my order and later put in a bid @ 5.83 which got filled. I hope we have seen the lows and late day buying tends to support that.

I don't profess to know any more than anyone else, but I really think that the market has oversold KWH. I still think that we need to see the next 2 weeks. This is a utility and a money making machine. There are alot of good mutual funds that own KWH and I think that retail was selling scared today and yesterday. I forecast more price stability tomorrow with a close above today's close.

I have been wrong before and will be wrong again, but I don't think so this time. JMHO

Rico

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