and soon the bounce, page-17

eM - I can't tell you where the bottom is just now. It could be 0.038? I know, I know, sick, but it's entirely possible! I trade on the volume. If the volume to sell back into is thin, I buy, because the risk is now low.

Let's try this then. Let's run FMS as if it was ADY. The stock fell to 0.041 before rebounding two sessions later for 0.063 (I sold my ADY today for 0.062. I bought this same stock two weeks ago for 0.074 - 40K units - a loss, but a damn side better than taking the loss at 0.041!!)

- FMS will most likely trade in a trough for a while. Will that trough be between 0.04 and 0.05, 0.05 and 0.06 or 0.6 and 0.07?
- Can you make a bit at each level? More than likely yes.
- Will you buy more at each declining level? Sure.

Remember the market will determine where the bottom lies, so we have to look at where the sellers are and then hedge a position. Will look tomorrow for the first shot IF it dips below 0.07.

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