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Re: Mparty post# 34669

Friday, 07/09/2010 11:32:27 AM

Friday, July 09, 2010 11:32:27 AM

Post# of 56514
Thin as it gets. I'm not worried about it. I've seen the market makers' (MM) games too many times. They'll build a fake wall of 6-8 MM to create fear and panic and to get weak holders to sell so they can get their shares cheap. Then they move off the ask at a whim.

Shake outs like today are a good sign of accumulation and changing of inventories (shorts being covered and shares being bought) for the next run up which should be nearing as these are the signs :)