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Re: Rover_az post# 38903

Thursday, 08/10/2006 9:55:37 PM

Thursday, August 10, 2006 9:55:37 PM

Post# of 311080
Just like today's gap down there will be an overhead gap..Sells during this period had to be panic sells down to .06 level ( well below the bid in order to execute). Most did not execute downward (low relative volume). .As a result, the gap to .064 was on low volume (relatively speaking)..Once at that level, price levels stabilized somewhat and the mysterious large blocks became evident pulling down the bid..

I would suspect more selling pressures here but there should be no great urgency to sell at this point since the upward gap could fill to .08-.09 just as quickly as it came down..

You have been taken to the whipping post but the bleeding should stop..imo..

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y