3 cents again q: will it go lower, page-5

i could be wrong but my non-esi related comment, which i still stand by, is that the XJO bounces (ie bottoms) at 3600...the 20-year log chart... despite being in a good space and not moving much relative to market, esi is a small cap and people (myself included) do, in times sell under duress... esi moves down on low vol, up on good volume - i agree with lazza, lots to come

the other "intellectual" (!)prediction for xjo could be, based on (my) forward pe (my P/e that of US S&P could reach 720-750) impies ~3200 XJO - I do not see the index going below this level whatsoever

anyway, i'm happy if esi stayes at these levels for the short term, i will buy ~1mil shares by this time nest week if it does

cheers to holders