Hello Sharks,You have missed my main point. Yes, there is a...

Hello Sharks,

You have missed my main point.

Yes, there is a possibility that the market may go up tomorrow but what about Wednesday, as clearly at this stage I can see that there is a downtrend in the market and in the BLY chart and as I posted before the previous consolidation level has been broken. In the past 6 months every BLY move up was only after some consolidation.

At this stage I can't say that the market has reached its bottom during the downtrend. Yes, there is a possibility that if you have bought today at 32c and if the market move up tomorrow then you will be able to make a quick profit tomorrow, but this from my point of view looks like playing in a casino. If the selmax is on the board does not mean that the stock will start to move up. On the market there are much heavier players which can't move the stock price in the required direction.

irynka