MARKET PRESSURE = BUYING OPPORTUNITIES
As predicted on the AGORACOM Blog, it appears we are now moving into capitulation phase and a great opportunity to buy good small-caps that have been thrown out with the bathwater.
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Yes it has been quieter lately. I would still love to know why the spike in volume occured 4 weeks ago and then just tailed off. Probably just some new money coming in and staking claim right there.
From my perspective, it appears we remain in a long consolidation pattern starting from the point in which the stock based 1 year ago. We're basically in a range between 50c - $1. IMO as soon as either one of these barriers is broken, a significant move will occur. SHould it break below 50c, I will step in a buy some more.
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