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Re: investor43 post# 9274

Thursday, 07/29/2010 9:05:53 PM

Thursday, July 29, 2010 9:05:53 PM

Post# of 26968
I think what you will see tomorrow is some continued 'panic selling' considering today's close. I'm anticipating this will be on light volume where, if someone's lucky, they might be able to grab a few shares at 22....if they're lucky. The light volume will trigger a buy signal and we'll see green at / around 10AM with a close at / around 30 stemming from a strong move during 'power hour'.

Today's positives?

1. Pullback on lighter volume than yesterday's move up
2. most of yesterday's gains were maintained
3. New 52 week high
4. 25's held despite lack of buying going into the close...and those bids were getting hit folks.