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Re: THECRAPSMAN post# 22754

Tuesday, 03/23/2010 11:00:10 PM

Tuesday, March 23, 2010 11:00:10 PM

Post# of 38161
Im really not sure. I originally thought that it would take about 60-80mil to get through 4's, and 40-50mil to get thru 5's. howerver, Nite and Doms both moved off the ask at one point or another today so maybe 5's are a false wall.

even though it shows 200+ mil in volume, it only took 82mil (this number is very important, it tells our resistance at .0006 and .0008) to get thru the 4's, I can account for 45mil as crosstrading between MM (the 9mil blocks). so that tells me that about 100mil of it was daytraders that got in it in the morning, and sold in the afternoon.

to make a long story short, 5's could close anywhere from 20mil-80mil IMO. what ever it is, write that number down, it will tell resistance at .0007 and .001

happy trading, maybe tomorrow we light the candle.