Thanks VHF.
Just noticed this morning It seems the traders have drwn a line at the 50 dma for the last while. It reaches 2 bucks and the smash crowd comes out on SH. Here is the pattern on the way down its "Told you so, Seee how smart I am, Your and Idiot etc." when It ticks up they're gone only to return as it at nears the 50 Dma. I beleive when the momentum can take over this will be history.
I hope some can make use of this info. It has nothing to do with Egos or emotion. This is cold calculation on their part to play on the fear.
They wouldn't be trading if they really thought it was a falling knife. Or else there would be nothing to buy back and sell. Notice the short term channel at this level between 1.70 to 2.10. And, I mean short term as I expect the momentun to return to this sector soon as per my CDNX TA and many other experts in PM commentaries.
Age is a mind set. We have all meet the 20 year old who acts like your grandfather.
These are only my opinions and observations. I hope they are helpfull
Reg Mills (AKA the guy with a polyanna attitude as said by JD on SH a couple years ago. Which, to me was a compliment. )