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Re: WebBuyerz post# 19298

Monday, 11/02/2009 12:45:21 PM

Monday, November 02, 2009 12:45:21 PM

Post# of 27745

Fundamentally,
Some folks bought at the tops ... around this area...and have an automatic sell or a mental note to sell...they represent a selling pressure or resistance area where further upward price pressure is met with equal downward pressure(resistance). Technically, when you break above that zone, there's no one that wants to sell so prices rise and sometimes very rapidly... then a top forms and the whole process repeats.....then there's a matter of shorts covering
which can really spike prices...(tough to short these pennies though, legally or illegally....

It's all supply and demand... if no one wants to sell ...the price must rise... happens on the flip side too....

good luck!

RTR
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