Down, Down...

[Ameesh]

Hi Guys,.. Any ideas on when it might actually bounce off a support ?

[jamoo]

yeah, down, down all the way down! ameesh, stop dreaming it will not bounce off anytime soon. it will penetrate support at 1880, and then its a free fall to 1420c! count your loses, there will be time to pick up the pieces later.

[divz]

jamoo qualify your opinion pls

[Ameesh]

Hahaha, sounds like you have shorted it jamoo ? 1420 ..It hasnt been there since June 2005.... I doubt it will reach that level...

[asylum]

looking at the chart this share does not inspire confidence not a hint of a small bullish spike just down and more down, no i dont own any.

[divz]

1140M shares traded on closing auction

[jamoo]

okay let me break it down to you div/ameesh. this share needs to trade above its recent high (2440) to resume its bull tread(not sure there was any). it has already broken through 1880c, and now on downward tread, can't you see? its Newton's first law of motion. it is likely to remain in that trend than otherwise. i sold at 2600 in October. i will come back when the tread reverses. count your losses, its the rule of the game.

[Ameesh]

Yeah, Jamoo, i dont disagree, its on its way down. Its just that i have some of it (which is sad). The 'last single known trade' was at a price of 1866, then the last 10 mins of trading brought the price to 1860 - more sellers than buyers, ... its with the bears.

[divz]

Jamoo me thinks a little over exageration dude this share wont go to 1420 i actually do not even see how you get that but then you also posted in Dec that Harmony is going down to 4679??. See support for fsr at about 1830 and currently oversold should bounce now with a bit of momentum up to 2190 omo but if your right i will be first to post congrats

[surfer]

agree with divz,but stand to be corrected ,like all of us.