all quiet..., page-9

Hi Gang,

Technically, I'm at a bit of a crossroads for the start of the next week. I won't make a decision until I see the monday close.

I think a close of 0.012 will see more downside. That's based on a breach of three separate possible trendlines (each really affirming that the first was accurate!), following price action from the low of 12 Jan. Target for me would be 0.01, because that's the bottom of the 6 Feb day. Technically, if I see the 0.012 at close I think I should sell at a small loss.

Fundamentally, I like that the company are using the LJ funds to keep tracking up patent agreements. This seems to be a good strategy leading to some sort of funding arrangement.

So I haven't made a plan for next week. I'm balancing my technical view with the fact that we are at the bottom of a range (but there coud be a little bit more to fall) and the positive signs in terms of a company funding strategy.

Just my thoughts. I realise this gives no-one any useful information. But I hope by keeping the conversation going a few more perspectives will emerge that help me to make a decision.

All the best for your investments in April!.

COLCOM