Followers | 374 |
Posts | 16926 |
Boards Moderated | 4 |
Alias Born | 03/07/2014 |
Wednesday, April 30, 2014 11:43:49 AM
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.
PickleJar Debuts Nationwide Contest With Brian Kelley for Fans to Win a Three-Day Bahama Cruise • NREG • Jun 3, 2024 8:45 AM
ILUS Provides an Update on the Binding Term Sheet Signed with Actelis Networks (NASDAQ: ASNS) • ILUS • May 31, 2024 12:52 PM
Element79 Gold To Provide Summary and Update on Active Exploration Program, Community Relations at RMEC on June 4 • ELEM • May 30, 2024 1:18 PM
Branded Legacy Secures Exclusive Extraction Partnership with One of the World's Largest Kava Distributors and Producers • BLEG • May 30, 2024 8:30 AM
ECGI Holdings, Inc. Announces $2 Million Debt-to-Equity Conversion • ECGI • May 30, 2024 8:30 AM
North Bay Resources Reports Assays up to >25% Mg, 0.1% Ni, 0.1% Cu, 0.01% Co, 0.3 ppm Pt at Tulameen Platinum Project, British Columbia • NBRI • May 29, 2024 9:03 AM