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Re: andyshow post# 11237

Thursday, 10/02/2014 6:54:50 PM

Thursday, October 02, 2014 6:54:50 PM

Post# of 106844
What am I talking about?? Exactly what I stated in plain English, that's what?

Reply stated: "Each sale is complimented by a purchase... It's a price haggle, that's all. "

If that "theory" were true, then a stock's price would never move up or down.

The stock today closed DOWN, DOWN hard as in negative 7.5% in a single day's session and on higher than avg volume. That means, and it's not debatable, it's a simple fact- it means that the net number of SELLERS was greater than the net number of BUYERS and that in order to "find anyone willing to buy", aka match a sell and buy order, the price had to be continually lowered, in order to "make a market".

That's how a "market" works. If no buyers want the shares, then the price is continually dropped until one is found to step in and cause a "market" to "be made". Thus the bid collapsing as it has been for over a month now- causing it now to be sustained well below both the 200 DMA and the 50 DMA. It's in a down trend, and that also is not debatable, per all standard definitions of technical trading.

The stock is showing weakness and not any strength at all- by being sustained below it's own 200 DMA and now the 50 DMA beginning to cross under the 200 DMA.

That's what "I'm talking about".