AI
Wednesday, January 16, 2008 4:27:49 PM
Jp and accumulation..
I've been observing and saying for a while that there was some accumulation occurring within GTEC. Now thanks to our buddy who dumped on GTEC we can see it more clearly.. Considering Jp did indeed dump 500,000 shares into GTEC, it was the reason the price was declining while GTEC was being accumulated.. The buyers at that level ought to be grateful to jp who tried to trash GTEC after he dumped, Ha, ha..
However, as you can see now, there's a whole lot of green stuff in the volume. And a couple of large spike sells.. Both of these large sells correlate to Jp's share dump.. Unwittingly Jp kept reducing his sell and the market, while accumulating, accommodated him by lowing their ask.. Never, try and dump 2-3-4 times the volume in one lump or else, you’ll end up like Jp..
Now take Jp out of the picture and not only is there accumulation going on, but lots of it.
Lots and lots of pretty green… The market was buying but Jp, got impatient.. Now that nobody is dumping, the market is showing its interest, acquiring what it can. Hence we are green still.. here it is clear as day..
18 days with 1 minute action Chart.
Using your imagination take out Jp's 500,000 shares, or his red part, the two large red spikes, and three or four other medium red spikes, totaling 500k, and there yaw go.. Green
I've been observing and saying for a while that there was some accumulation occurring within GTEC. Now thanks to our buddy who dumped on GTEC we can see it more clearly.. Considering Jp did indeed dump 500,000 shares into GTEC, it was the reason the price was declining while GTEC was being accumulated.. The buyers at that level ought to be grateful to jp who tried to trash GTEC after he dumped, Ha, ha..
However, as you can see now, there's a whole lot of green stuff in the volume. And a couple of large spike sells.. Both of these large sells correlate to Jp's share dump.. Unwittingly Jp kept reducing his sell and the market, while accumulating, accommodated him by lowing their ask.. Never, try and dump 2-3-4 times the volume in one lump or else, you’ll end up like Jp..
Now take Jp out of the picture and not only is there accumulation going on, but lots of it.
Lots and lots of pretty green… The market was buying but Jp, got impatient.. Now that nobody is dumping, the market is showing its interest, acquiring what it can. Hence we are green still.. here it is clear as day..
18 days with 1 minute action Chart.
Using your imagination take out Jp's 500,000 shares, or his red part, the two large red spikes, and three or four other medium red spikes, totaling 500k, and there yaw go.. Green
Corn-fused-us Long-vestor ancient saying: Patience and small movements keep a steady course.
I don't have a humble opinion!
At's ma boy!
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