InvestorsHub Logo
Followers 52
Posts 7849
Boards Moderated 2
Alias Born 07/15/2002

Re: Frank Pembleton post# 18275

Thursday, 02/12/2009 2:21:07 PM

Thursday, February 12, 2009 2:21:07 PM

Post# of 19037
XGD: we've had very little volume, so far, today. Yesterday, the volume happened essentially in the first two hours of the day--with no follow up at the close. So I'm not surprised that we're flat today, if anything, I expected a test of the horizontal support line (in the chart below)...so I'm thinking the index is consolidating in mid-air, which to me says there aren't too many people who think this thing is going to come down. So if we get a high positive volume swing into the last hour, my guess is that we'll see another monster up day tomorrow.




FP........................................................

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.