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Re: bball19 post# 3181

Monday, 11/20/2006 8:30:08 PM

Monday, November 20, 2006 8:30:08 PM

Post# of 50129
My reason was volume. Look at the volume bars on a 5 minute tick... Look at 12:35 to 12:45. If you trade it, that was like a neon sign saying buy me. On the other hand, if you are sure it will see .07 and you don't plan to flip it for a nice daytrade, then hold off. I'm a day trader and the volume spike and the firm rejection the followed immediately were just perfect for my kind of trading. I guess it just depends on your trading style.

Imperial Whazoo

"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."