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Tuesday, December 11, 2007 9:14:46 PM
I posted 2 weeks ago that Nite & Sbsh have control. They worked this as a tag team. DLAV was going down !! Unless something changed. Anybody that trades knew this. Well nothing changed. No PRs, No new AX -- DOWN.
In the last few mins tonight ARCA came back and took control. NITE placed an ask below arca but took it back. Probably NITE did not know it was ARCA on the Ask when they were about to try to push it to 5. They have been in control for two weeks. The bottom line. Nite canceled and we closed at 6.
ARCA came back tonight in the last few mins. because it was a big statement. STOP.-- JMO Two weeks ago it was down. Now it is up. And I say we go up to a new high. Yes I know all the unhappy people. But I think they will be the biggest +++
The short can cover lower now, big news which we don't actually expect soon will cause the pop.Therefore its up to how the control-freak-mm's (not all) play this. I see it as a oppurtunity to lower average ,i got the stomach to wait this out for up to 2 yrs even. 3mnths well will be over .03 worste case senerio. big news of course would get us much more.
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