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Re: TA_Sleuth post# 117753

Tuesday, 01/26/2010 4:15:54 PM

Tuesday, January 26, 2010 4:15:54 PM

Post# of 241047
Do you really think they'd admit it lol

Seems to me, just from watching the last 45 minutes or so, that there isn't a lot of "natural" selling interest.

No horrible bid whacks...there was plenty of opportunity to "paint" .0137 or .0135 as the low for the day; it didn't happen.....

Just as there was opportunity to show a close of .0145..and it didn't happen.

My gut just thinks folks that "trade" didn't see the continuation from yesterday..so they simply left..to look for another quick strike stock.

I suspect several (as it appears) were waiting on a little pullback to support and buying (.014)....and some solid strength appeared at .0135 that stepped up to .014 late when ask was moved to .0145.

One can make something out of nothing or nothing out of something. Today was just a day...typical consolidation and profit taking from some day traders or a long locking in a little profit from .007s.

All is still relatively healthy...looks relatively thin; and really thin if today's sell action was from those that didn't have their .015 sells go through yesterday...that would reduce that wall...so it could be relatively thin on a retest of it (tommorrow?)

Who knows...I only know that lot of things are on horizon (TV advertising, 5000 stores, dealer shows, more retailers; naming of USA national account, maybe more signing on....)

I still contend vast majority waiting for those things to start to play out before gauging further ahead...the growth from June 09 - December 09 has been excellent...it only looks to accelerate first half of 2010 and further even more second half imo.

Do your own due diligence; factors and conditions can change daily