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Re: mariner78 post# 51551

Tuesday, 01/19/2010 1:33:45 PM

Tuesday, January 19, 2010 1:33:45 PM

Post# of 83048
I think the price has leveled out here because the shorters are, in fact, waiting to see what happens here. It could drift one way or the other a little but probably won't make big moves now without good or bad news. However, there is a pinch formation developing on the chart that could create an upward movement, but it will be short-lived without real news to verify it.

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