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Tuesday, June 09, 2009 1:01:19 AM
Market makers don't like spending too much money to move a stock. If it took $19 to move it just one percent one month ago, and now it takes the market makers almost $600 to move it that same one percent, they tend to pull back on it until it drops again. If there is a partner in the works and he is trying to grab hidden shares through the mm's, he is either super rich or has just about finished his course getting shares. The price will go where the inertia tells it to go.
I promised many PPHMers on my board that I would never post technical charts on this board again because of the negative talk and cracks whenever chartist come here, but your intraday tomorrow looks extremely good for growth. Extremely good. Luck to you longs. I feel for you when you have to remain and take the nasty words. I am going to employ my ignore button because as a teacher of metaphysics, I don't like seeing or hearing constant negative feedback; even if they are right. Remember, even Jesus who was God in human form could do nothing in his own country because of what the people were saying.
#board-1616 & #board-3424 Pay it forward.
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