one more thought before i sleep, page-37

Well maybe the 'down ramping' if thats what you wish to call it, i would call it that the trend line on each of these stocks was broken and the trend reversed to the downside, hence the comments on SBM for example were to allude to that fact. I obviously have no idea that a capital raising was on the cards.

There was unfounded ramping on SBM from 85 cents after it had a double top and broke the reversed downward trendline.
I have just presented a technical view that SBM was heading down and pointed out specific support lines and support levels.
the arguement that i down ramp is a futile arguement because if the stock was still going up i would still be buckled in for the ride. As it was going down i sold, simple as that.

I would rather SBM had continued its uptrend so as not to waist 6 months sitting on the sidelines waiting for a reversal.

I shall now wait for the right time to enter and for me that time will be when a new direction has been established.

People are saying this has formed a bottom already, but there is no confirmation that it has formed a bottom, so if you wish to call that a downramp please do. I would call it a fact that a bottom cannot be called just because it has bounced off a low yesterday. The formation needs to complete.

Anyway butler, i have no insight as to capital raisings.
I have bought ADY as stated and i dont believe there to be a capital raising there.

Anyway, good luck as to your insights.


cheers