I have been away a few days, or would have commented sooner.

Bullish?

No, sorry, I don't see this formation as bullish. What I do see is we are back to a strong support level, that in my opinion will hold. That is the only positive indicator I see at this point - take any comfort in that you wish.

I am not pleased, but I won't complain here either, most made decent money on the last run. Hindsight shows some great formations that predicted the last run, I don't see anything forming just yet - we need the price back above .32 (with volume) to see anything bullish on the horizon.

If you have the cash, I would put a stink bid in around .20 or just bite the bullet here and buy .25-.30, otherwise just sit back and see if we can crawl back where we belong....45 level.

.32 should have held, that is where I placed my average down level, I was clearly wrong, it now serves as resistance, but I have a little faith this is a blip in the long term picture.

Hang in there, it is not the place to be selling.

GS40