RE: RE: Numbers don't lieThank you Mick11. You just proved my point. When ppi.v went over the $1.50 range I did state it was overbought, and when it hit $1.86 I stated that it was way over bought and that .74 was the first real support line on the way back down. So far it has hit .81
I have also stated that it could go as low as .50 before a real bottom is formed.
And yes, for the last few weeks there, I have been the village idiot to dare say the stock could go that low...and a history of my posts tell you my TA was pretty much dead on.
Its a numbers game. The stock market is gambling. Again, I just try to take as much of the risk out of the play as possible.
Mediascan