good support at 80 cents, page-10

I'm not saying I want it to go to 80 cents...Im not a "shorter""...just that there's no chart support until 80 cents....savage selling again on Friday...see that this week brings. $1 may be be a level....purely for phychological reason that punters don't want to sell under. HOWEVER.. some comfort can be taken from the "doji" stick on Friday which can signify a change in trend...a "long legged "" doji to be precise. Reflects indecision of buyers and sellers. The large volume at this stage in the down trend is referred to a "wash out box""...refer Arms volume. 28% loss since the 12th Jan. To quote Dick Arms on How to Spot Lows - Lows tend to be different than highs - they are more emotional. Fearful selling often results in climatic action in which volume becomes very heavy and the trading range is wide ( Friday - Long Legged doji stick )The typical bottom consists of a big box that washes out sellers, followed by an immediate rally (Monday ? )and then a lighter volume pullback that tests old support. So although there is no evident support lines until 80 cents there's hope for a change in trend as outlined