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S&P 500
5,306.04
(
0.02%
)
US TECH 100
18,276.80
(
-0.60%
)
Dow Jones
38,852.86
(
-0.55%
)
Brent Oil
84.58
(
0.30%
)
Bitcoin
67,832.13
(
-0.67%
)
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WillyWizard

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WillyWizard

Re: rpt post# 25272

Tuesday, 08/05/2003 4:44:51 PM

Tuesday, August 05, 2003 4:44:51 PM

Post# of 29619
rpt...yes the MRXT dip has happened. Remember the last fast gap down to .25 last week? Technicly .25 was the last gap down about a week ago. This is normal for a stock to fill the gap before moving higher. The difficulty we have is the old saying, "Buy on rumor and sell on news." I think the
MMs started this rumor long ago so they can cover their naked short selling as the rumor drives a stock price higher. They needed this bjy sell rumor in regards to MRXT after moving from .05 to .34 in the matter of a few weeks. Now I am looking for the next 100% or 200% move then the next base level to form. IMO

Thank you,

Willy




Disclaimer: #msg-2380549 read in conjunction with all my posting at IHUB.

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