with what i saw and have read so far from VPG's report and price action, I am inclined to say that VPG has indeed FOUND A BOTTOM OR IS MUCH MUCH CLOSER TO A BOTTOM THAT IT IS TO THE TOP. While I do not know whether we are already in the bottom or not, I'm pretty sure we are no where near the top. I also know that majority of the selling has already occurred last year and early this year. funds are no longer selling as much these days compared to last year. I don't think they have much left to sell anymore. And, many companies are buying back their shares already right now. If I am a position-trader, I would probably position already around 1/3 of my funds right now. I would position another 1/3 if the price breaks 2.5 and starts to panic down towards the 1.5-1.9 And just wait where I would position my last third of either averaging up or down. I am making sense here am i not? IMHO.
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with what i saw and have read so far from VPG's report and price...
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