Posted On: 09/10/2014 11:21:07 AM
Post# of 56323
From what I can tell at this point, it appears that support has kicked in correctly and I think we should see a steady increase up to the 0.065 - 0.0655 today, or , close to it.
Obviously, there are still a lot of very strong shareholder's who refuse to sell at these levels, and when the flippers sell high, the longs are absorbing the opportunities. That is what it looks like to me at any rate.
This is a good thing because it means consolidation of a stronger base which is the support for new highs. And barring any bad news, I think we will get there very slowly.
Contrary to popular belief, and as painful as it seems on a temporary basis, these pullbacks are healthy as people like many of us will absorb the drops, which creates the support levels. So, don't freak out too much when this happens....expect it. GLTA
Obviously, there are still a lot of very strong shareholder's who refuse to sell at these levels, and when the flippers sell high, the longs are absorbing the opportunities. That is what it looks like to me at any rate.
This is a good thing because it means consolidation of a stronger base which is the support for new highs. And barring any bad news, I think we will get there very slowly.
Contrary to popular belief, and as painful as it seems on a temporary basis, these pullbacks are healthy as people like many of us will absorb the drops, which creates the support levels. So, don't freak out too much when this happens....expect it. GLTA
(0)
(0)
In times when you feel low self esteem, disappointment and perhaps even depression.......keep in mind that it may simply be the result of the fact that you are surrounded by ass holes. GLTA
Scroll down for more posts ▼
