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Mister Lava

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Mister Lava

Re: Ataglance2 post# 7212

Thursday, 03/15/2007 9:22:37 PM

Thursday, March 15, 2007 9:22:37 PM

Post# of 42555
Trying to figure that out as well. Obviously, large, institutional buying send this thing to the top. What does cup and handle signify?

When there is little liquidity and little volume and large buy entries are made, those buys have the power to do exactly what happened this evening with the Asian opening.

Interestingly enough, the GBP/USD has hardly moved during this run off the EUR/USD. Quite odd, I think... not sure what that means, but it should have spiked up too.

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