First Asset Morningstar Emerging Markets Composite T.EXM.A

Matt/ G-gray

[OilSandSam]

Thanks for those opinions. Gabe, it was very interesting to hear you talk about the abandoned baby/ island reversal top. So I did some homework on it and have come away learning something today, thanks. I did read on the significance of how an inverse H&S, spread over a longer period of time, can lead to a much stronger surge upward. In reading your analysis of the changing of the trend, it does appear that between the fundamentals and this chart pattern, that we have completed the downtrend. The news released last week was a good motivator and if we were to see a little more this week, it could limit the amount of entry points down at this level? (volume wise). I believe I only seen about 60k shares available from .56-.61 cents at market close on Friday. Unless we have some big "all or none" asks, it may not be that easy to get a larger position below .60 cents? I'm full, but wouldn't mind your opinion on that topic guys. All my opinion. Thanks again for that insight on the T.A.

[gabrielgray]

You should be aware that market depth indicators are not very reliable, especially on certain markets. If you're reading Nasdaq level II, for example, many of the bids and offers don't show up on otcbb stocks or if they are fractional-penny orders. You've probably seen trades execute at something like $1.4199 or .8502. This is the way traders jump the queue by edging under the low