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Re: ignatiusrielly35 post# 36331

Wednesday, 09/27/2017 12:28:02 PM

Wednesday, September 27, 2017 12:28:02 PM

Post# of 108195
Honestly? The last 90 minutes has been lighter volume. Saw some bigger blocks at the open to jam it up. Is this to short it hard again? Maybe. But only 2 1/2 days to Quarter end so hard to say.

There is definitely more volume than the (now apparently) fake rise from $6.30ish to $7.42 before the most recent attack started on 9/11. But in order for us to assume this might not be a repeat of the headfake surge on 5/24 we need to see some follow thru.

As I mentioned (in hindsight), I think $7.42 was a fake starting point done on low volume to make the crash look so much worse. The support level after the Investor Day attack seemed to be somewhere from $5.80 to $6.20. I would feel better if we could get back there with some conviction.

But I am an amateur, not a pro, so take it for what it's worth.

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