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Friday, March 09, 2007 5:36:11 PM
** GLXI Annotated Chart 3/9/07 **
If the RSI gets into the "boo-ya zone" (above 70), we break .25 IMO... nice volume day though... with such a high volume day, and the CMF staying negative, that either points to dilution or shorting. We already know the company has financing deals, so it's not dilution... that leads to one thing... hmmmmmm... when the CMF begins to rise again, it will show that they are finnally taking it easy on shorting. Today though, they shorted bigtime... look at the volume, and then look at the CMF... it didn't even start to go up, just went sideways.... lol... the MM's have no idea....
IMHO...
If the RSI gets into the "boo-ya zone" (above 70), we break .25 IMO... nice volume day though... with such a high volume day, and the CMF staying negative, that either points to dilution or shorting. We already know the company has financing deals, so it's not dilution... that leads to one thing... hmmmmmm... when the CMF begins to rise again, it will show that they are finnally taking it easy on shorting. Today though, they shorted bigtime... look at the volume, and then look at the CMF... it didn't even start to go up, just went sideways.... lol... the MM's have no idea....
IMHO...
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