| Followers | 70 |
| Posts | 15576 |
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| Alias Born | 05/14/2010 |
Tuesday, June 01, 2010 6:57:13 AM
Unfortunately the CBS Marketwatch article may create a bad scenario here and this thing man go back to .001 or even lower. Mary's channel on her chart clearly supports this. Were this to happen the chart will be clearly be broken and there probably will be no more high flying volume for some time to come.
I certainly don't want to show Mary any disrespect. But comparing the A/D of the 10-day to the longer term chart shows a glaring descrepancy which suggests a data problem and why I never like to go back more than 6 months, especially for a pink since the lack of reported information creates severe abnomlities.
But clearly there was big action a few months ago, and that's not to say it can't happen again. I haven't decided yet whether this company offers technology that will partake in the energy revolution to come. They may run into problems as the energy future has run into some serious road blocks of late with oil still relatively cheap and venture capital still dry. Spill or no spill.
Now I'll take a risk and ask what may be a stupid question. Why would looking at the MA(20) say anything about the accumulation of registered shares?
I certainly don't want to show Mary any disrespect. But comparing the A/D of the 10-day to the longer term chart shows a glaring descrepancy which suggests a data problem and why I never like to go back more than 6 months, especially for a pink since the lack of reported information creates severe abnomlities.
But clearly there was big action a few months ago, and that's not to say it can't happen again. I haven't decided yet whether this company offers technology that will partake in the energy revolution to come. They may run into problems as the energy future has run into some serious road blocks of late with oil still relatively cheap and venture capital still dry. Spill or no spill.
Now I'll take a risk and ask what may be a stupid question. Why would looking at the MA(20) say anything about the accumulation of registered shares?
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