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Re: epoche post# 232

Friday, 07/16/2004 12:06:57 AM

Friday, July 16, 2004 12:06:57 AM

Post# of 997
What you have to see on level 2 to predict a bounce is a large number of Market makers at a certain bid. Of course that is not always a perfect indicator because market makers can lower their bid whenever they want...but they aren't. Market makers seem content to absorb selling pressure at .002 today. There are 14 MM's on the .002 as of the close. Please don't get me wrong, I think this comapny is a total piece of crap. But I wouldn't be surprised if we see a decent bounce off this level.

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