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Re: None

Thursday, 03/30/2017 12:41:32 PM

Thursday, March 30, 2017 12:41:32 PM

Post# of 207147
Whatever you call it, it's not "beautiful". If there's buying then there's selling - not accumulating.... Accumulating = holding. Holding does not equal selling. Holding equals a price INCREASE until sellers are found. We have AMPLE sellers right here. If varok's advice is to be taken this morning, this action is NOT indicative of imminent news. So far.

We do need to churn and establish a solid base at this level. But I don't see that happening. What I see happening are longs slowly letting their shares go and hoping everyone else "accumulates" them.

Profit is profit. If we're still sideways in an hour, I'm taking it. You can "accumulate" if you want, I'll "accumulate" more tomorrow.