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Re: mjnahempboom post# 204950

Friday, 12/19/2014 12:50:56 AM

Friday, December 19, 2014 12:50:56 AM

Post# of 263702
I like your analysis and my algorithm suggests the same. I would like to add a few more thoughts though. Most of the action Thursday took place in the last 30 minutes. A few million share bidders ( whales ) showed up at this time. Fairly big at 3.2M and 2M and 800K. This is not the best case scenario for Longs since this could just be one whale with deep pockets who decided during power hour to make a move. Best scenario is when PPS surges as soon as PR is released. In our case PPS remained virtually unchanged when PR was released. Therefore it is reasonable to expect that Friday trading will keep us in the low 4's range.