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jimkane
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Posts: 33,089
PCLN just recently hit 847 and change. That's up almost 1,900% since the 2009 low. No, there is no speculation going on here. I think this is a very good use of our stolen tax dollars and savings. Recall PCLN hit 990 during the dotbomb bubble, only to collapse to $6 and change. It's now up a little over 13,000% off that low (you read that right). Where to now? Like I said, Benny and the Ink Jets have done a marvelous job devaluing what I worked my entire life for. Good job!
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roofer
Rep: 3,689
Posts: 3,574
given the MOC rules, i am entering a moc sell order given that price has almost hit target from previous chart
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jimkane
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Posts: 33,089
It's so tired, and so close to a bounce... At least it needs a bounce real badly. But, if this liquidation forces some additional liquidation...
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jimkane
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Posts: 33,089
77 may be it, as close as it gets. We shall see. The margin for error is much larger when the aspects are coming from the higher timeframes and it is being watched on say a 1-min chart.
Originally posted by jimkane
74-75 is a key spot, and then down to 67-69. Somewhere in there, if they can't start it up here.
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jimkane
Rep: 3,058
Posts: 33,089
Like I said...
Originally posted by jimkane
A good (no, make that great) scalper could be long in here...