Atomic Bob's Stock Forum - The Golden Thread

not too good, (duh, mister obvious) pure distribution since the highs in the 70-80's. all indicators bearish. need something big to break the downtrend or at least build a base. looks like it is back to the old "wait for litigation to resolve" once again. very oversold but that can last longer than you think sometimes.

some support around 30 from oct 2010, better support in the 25-27 range from july-sept 2010. could be places to take positions for a trade. i would take 1/3 position ~30, then additional positions at 27 and 25.

not trying to be "mr doomsday" predictor, just reading the charts

glta!!

jmho

gman

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