Saturday, November 01, 2008 7:16:11 AM
The green volume we had on Wednesday is what I was looking for because it happens for a reason. I am stating the obvious but this green volume is important because it indicates that someone wants to own a sizable amount of EESO. At the same time, this green volume starts the first run up to take us through the first stage of a double bottom and thus weeds out daytraders and gets us ready for the next run. Green volume most of the time preceeds nice price action. Keep your eyes on the volume.
Looking book at the March volume before the April run up, Wednesday's volume was pretty close which means someone bought this up with similar expectations. We need another day like Wednesday next week.
GLTA!!
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