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myDDdotcom

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Re: cjp01 post# 19

Thursday, 10/18/2001 12:10:55 AM

Thursday, October 18, 2001 12:10:55 AM

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I cannot figure out the trading here. TA indicators say that the money is flowing in, but we consistently see shares enter in at the bid. What I guess it means is that the MM's are accumulating at ~.05 or so. And there is enough buying pressure at .06-.07 so that they do not drop their bid in the face of selling. But there is more selling than buying, so accumulation is ongoing.

imho, Jerome

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