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Re: lowtrade post# 79532

Thursday, 10/25/2007 4:12:33 PM

Thursday, October 25, 2007 4:12:33 PM

Post# of 247083
There is the reason the EOD didn't chase the 3s.
2.4 mill waiting within close reach. And no one was buying anything anyway.

Well you can believe my talking out loud today or not. But the rush hour dive did stop dead as soon as all loaded up above the ask! IMO the M&Ms tryed to get retail support on their way to take you out. But no one would buy anything after 11AM.

How many times did you see the spread close so cloose there was no real difference between the bid/ask and still nothing closed.

I believe you guys saved youself. And got M&Ms support, but retail mindset didn't change. Still afraid the knife didn't stop falling.

Hope some learned some signals & signs to watch for when day trading. weather you believe no trees fell in the woods, because we chased the lumber jacks out or not.

Had fun today, happy the dive stopped, tomorrow is another day. Have fun and keep up the pressure on your side IMO. Can't hurt.