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Re: brokedaddy post# 31692

Wednesday, 07/07/2010 11:54:37 AM

Wednesday, July 07, 2010 11:54:37 AM

Post# of 55140
sort of, the faster the seller unloads all their shares the sooner we turn around. if it takes hitting 4 or 5 etc to do so that will do it. then again it could also work by sparking a buying wave at those low prices which would lead to a quick double back to this point, gains like that are contagious. i believe that is what happened last time and the seller finished selling into the ensuing run.
i would also bet the seller bought while down at these levels knowing the selling was over and profited nicely from the run...

is history repeating? we will see. glad prior has kept his quiet now, hoping we get a big promo once this is over.
but yes, sooner we drop, sooner this can end.