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Re: Pastor Phil post# 37523

Tuesday, 06/22/2010 6:26:08 PM

Tuesday, June 22, 2010 6:26:08 PM

Post# of 108228
No pullback! If people hold and do not sell tomorrow, there won't be a pull back! That's the power of float lock down. Almost everybody knew today by looking at the chart that we are in the overbought region! In fact, We HAVE BEEN in the overbought region for weeks!!! Still we closed a bit below the HOD at 50% green! People could have sold today, but they didn't!! I think most people knew about the overbought fact today anyways..
overbought doesn't matter much if you've got the float locked down and people are not selling...
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