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Re: jackson227 post# 58459

Wednesday, 06/10/2009 3:03:16 PM

Wednesday, June 10, 2009 3:03:16 PM

Post# of 76394
Thats misleading. Is it down 20% from yesterday's close? Yes. But it ran into yesterdays close. Is it down from the 2 days before? No if you bought in at the start of yesterday you're still up some 40%. You can sell now if you'd like, but the multi day run with this stock has always taken one day after the initial confirmation to consolidate before exploding up. Why is that? You can speculate all you want about the big boys bringing it down to load up prior to the run or to a run not happening or whatever you can come up with. The bottom line is I don't care the reason and I'm not concerned about this red day in the least. Because it further validates the trend. By that I mean every run has had certain parameters that were consistent through each run. One of those was the red candle following the initial white candle but not extending past it. This should make you confident not deterred in my opinion.