where will the new low be?, page-10

As an investor in SDL, since joining HC it has been a wonderful learning experience, but it has been harder to maintain focus on the big picture. Some of the LT holders on HC have done well to hold for so long when HC involves mainly the day to day activity.

I believe what we are seeing with SDL is absolutely within the normal activity for what everything in the stockmarket goes through, imo. I am far from expert and I'm sure mitta, swinger, minestock and others can explain better but just so those with less TA experience like me can begin to understand the activity.

SDL is in a downtrend atm.It is normal stage of any stock.One of the four stages all stocks go through(stage 4).It will come out of it and complete another cycle, when is the question, imo.The likes of our local TA's will inform us when they get buy signals.

Within the wonderful breakout stage(No.2) we beautifully completed an Elliott wave(which is part of stage 2 and how stocks behave when in an uptrend), as Swinger also eluded to at the time and I believe he and others saw that it was the completion of the uptrend(ABC part of Elliott) in Jan but were hoping not like the rest of us.These are easy to read in hindsight when emotion is not involved.

All in all to LT's and investors it isn't a problem but as on HC we talk about the day to day activities they become much more important to understand, imo. It has certainly helped me keep things in perspective and I am waiting for next stage 1 which should be coming soon. Certainly the much larger volumes we are seeing traded and the fact the buyers were beginning to take hold today, MAY be a prelude to next breakout. Time will tell. We will need good news to trigger though just like the MOU started the last cycle.

Hope this helps at least one other person than me. Please others with more TA knowledge elaborate/correct if you wish.