Asia Broadband Inc (AABB)

[allenh]

Very poor close and reaction from .60 resistance area ... as was already mentioned it was "Sell the News" ... generally speaking when a market Sells Off on "positive" news it tells us everyone who wants to be Long already is ... no fresh buyers or at least not enough fresh buying to overcome the Selling pressure ... longer term not the end of the world but for now the market isn't ready to really run ...unless and until new information comes forth ... it is what it is ... will watch for Follow thru Selling tomorrow ... CHeers !!