World Surveillance Group Inc (fka WSGI)

[lowtrade]

Logandean

Cool, my post may have helped others, if you knew the answer to your own question. I decided to point TA 101 out, because you asked. Sorry, I often try to word posts to all, when responding to a direct question.

Answer to your new question is,
CMF moving opposite to the Price trend, normally shows a conflict, not so much manipulation. Any manipulation connected with this conflict, is normally in the area of short covers or insiders accumulating, on some non public knowledge.

What happens is price walks down and buying pressure increases or vise versa. This type of conflict indicates to me that something is happening behind the retail sentiment. The norm is buying during climbs & selling during falls. For those in TA 101 1/2 stage.

Recently GTE's price & CMF are not conflicting. Since it went green at $1.75. It looks like traders felt $1.75 should have been the bottom and they started buying when the price dipped below and have continued to in pace with the PPs since.
http://stockcharts.com/h-sc/ui?symbol=GTE&period=DAILY&years=0&months=3&days=0&i...