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Re: jim6103 post# 15065

Wednesday, 04/30/2008 1:32:34 PM

Wednesday, April 30, 2008 1:32:34 PM

Post# of 165858
jim6103: I agree, the action since the gap was filled has been very bullish. If you take a look at a 10-minute chart of the past week, you see a nice stair-step pattern continuing to develop. When you see stair-steps on multiple time frames (e.g. 10-minute intraday and daily) it is usually a very bullish development. Someone with deep pockets is sitting on the bid, trying to accumulate as quietly as possible. Let's see how we close...