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Re: viper6v post# 40236

Wednesday, 06/10/2009 5:21:18 PM

Wednesday, June 10, 2009 5:21:18 PM

Post# of 343798
TOday was a consolidation day.. people getting out taking their profits, others lurking looking for opportunity to get some cheap shares from those who get impatient and sell. During consolidation, you will see volume go down. This is normal and good to see because eventually, those looking to get out will be done, we will sit there a day or so, then when peeps see no more chance to get cheap shares, the will start buying at the ask again.. then we move up.. then more peeps will start jumping in again, and up goes the volume.. This is a normal stock cycle.. You want to be concerned about HIGH volume drops in price not low volume.

of course when we get news.. all bets are off and then were in super momo mode where the ask just keeps running away from those trying to by in. Love those days.. especially when you have some shares to sell. LOL