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Re: None

Wednesday, 04/30/2014 11:43:49 AM

Wednesday, April 30, 2014 11:43:49 AM

Post# of 106837
Down 10%, and there she goes. The "break" to the big down is starting IMO. It may not stay down today- who knows. But once you start to see these large down-side breaks, when vol has been getting light, IMO it's in the solid downtrend, every time in the past.

I stated previously- when you see the vol start to really thin out, and when you see days where it "flat lines" (doesn't have a single trade for an hour or more)- my opinion, get ready.

One sell order of any, decent size, and it will break down big, if the historical norm proves out. It's thinly traded dollar wise per day, and the broker/dealers open the spread. "Grand Canyon" wide IMO, when they need to fill to the downside.

And that's not even considering if someone like an "ASHER" turns and starts to go short- which they most certainly will at some point, IMHO. It's in a full down trend now. Never once re-touched the 50 DMA in over 10 trading days now, and now is breaking down big to the low side.

Despite all the "PR" and "tweets" and "talks" and "seminars" and blah, blah, blah.