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Re: bobrainey300 post# 57754

Monday, 08/28/2006 11:19:58 AM

Monday, August 28, 2006 11:19:58 AM

Post# of 311068
I was thinking that there was a big seller, too. But now I'm thinking that those big trades at or under the bid were fakes, done just to keep the pps low, thus keeping the margin calls low. We're back again to a situation similar to where we were back in the twos, where only the ask is reliable. Eventually, the ask will be chewed through, and we'll find another higher level at which to trade. We'll be over ten pretty soon, in my opinion, and probably over 15 for another flat spot along the way. As time passes, everything gets better. In a case like that, the waiting is the easy part.

A good bottom's hard to beat.

e