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Wednesday, August 06, 2008 12:44:51 PM
True buying is when an order is placed to buy the supply or higher of a stock placed on the ask. It is the only way a stock can ever go higher. You can buy all day on the bid of a stock, but you are not buying. You are getting filled with someone else's shares who is selling. There is a major difference.
No momentum. No chart breaks. No upside.
Now, stay tuned. I think I just found Kenny's $10 million he was looking for.
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