chart, page-37

"When do you think it'll be worth getting back in Hoots? "

When I get some confiramtion signals that $2.40 was the bottom - buying now is bottom fishing - I expect it will bounce from here as its way oversold on the daily signals but the same applied at $2.80 when it proved to only be a dead cat bounce.

Trend is your friend and the trend is still down until the bottom is confirmed $2.40 is the perfect palce for that to happen but trying to pick bottoms just gets you smelly fingers as the old traders saying goes.

hOOt