Encounter Development Technologies Inc. (ENTI)

[Nolander]

OK - Here is where we are from my standpoint. Technically we look strong at .003 - there are very little sellers below that price point as Kastlem pointed out.

What that tells me is shares are now in the hands of Longs who have averaged down and are strong, and shares are in the hands of those who bought on the way down and may not be long but are holding for the move.

This also tells me that MM's are ready for a move, they have acquired sufficient shares on the way down to be content (theory).

this looks really strong today, we will see if we have a nice afternoon rally or if we close strong, but I think something has changed.