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Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Message: Re: The chart set up looks awesome imo....

Yes, I am but what you are describing isn't a channel. A channel is a pair of parallel lines horizontal, ascending or descending. What you are describing is two independant trend lines both ascending but at different slopes. It is sort of like the reverse of a flag (spreading rather than converging) but tilted with both ascending. A channel wouldn't get resistance over $2.00. These are two independant patterns but not a channel tegether. Looking at the price action and the coming news, good or bad, I would put more stock in the flag that is lined right up to this week to break out or break down.

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