Great post. You sir are a market genius in the making. Don't believe the hype. In either direction.
Though I'd disagree that volume has increased enough to show a bottom. I think you'd need to see >1.5M in volume to really show a capitulation bottom.
Then again, maybe it's just that the capitulation has spread out over the past few months. Certainly people have bailed out over a long period of time, not just this week.
I'd still think .28-.20 is the ultimate target, barring the sudden release of good assays to arrest the fall.