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Re: trading.jeff post# 68238

Wednesday, 12/09/2009 4:39:44 PM

Wednesday, December 09, 2009 4:39:44 PM

Post# of 111729
You're right a bunch of them did but if you saw the buy/sell action you'd see the the buys were 18.7M and the sells were 16.9M....so what happened is a lot of shares changed hands. Plus a lot of giant multi-million buys sere going through as well. From 1:45 to 4:00pm there were 15M buys vs. 5M sells. 3X more buys. There were a lot of people calling bottom today, and putting their money where their mouth was. I'm definitely not calling bottom here, or saying we'll drop, I can't see into the future.....I'm just narrating the action today. BTW philipsky had a good call today, I didn't think we would breach .01, but he read his chart right.