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Re: goldismoney1 post# 42180

Friday, 10/09/2015 9:51:46 AM

Friday, October 09, 2015 9:51:46 AM

Post# of 63744
Seeing more of the same bullish action through time&sales and L2:

Large bid whacks are being absorbed where relatively small bids are showing (at .18 just now).

So fun to watch ALL other miners skyrocket and just sit here moving up 1%, YEAH!!!! Weeeeeeeeeeeee...


^^^^
Think of it this way: If you were trying to scoop a bunch of shares at less than half of their value would you push the price up in a hurry or would you swing the price around the important price points (10/20MA) to encourage the flippers/emotional traders to dump? Also, plenty of fools will get bored here, as they see other miners rising fast -- we'll let them dump and go chase those before we move on without them.

The big boys are in no hurry and are clearly happy to accept any contributions to their stash that anyone can provide here.

BAA
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