Tuesday, August 03, 2010 2:35:51 PM
i mean check the past history. on big news days we have had volume of well over 100m. a good 10x todays. today we have already climbed 3/4 points. or about 20 to 30% right? on those big volume days price hasnt always doubled maybe but moved from 25 to 40.
so i think a move from 20 well into the 30s is much more than possible the way we are going. in fact the way we are going we may very well be back to 20 to 25 before the big news/volume day...
My charts are my own. Any numbers or timing are based on my interpretations of what I consider to be the most likely price movement. My interpretations can be can be wrong, it is always best to do your own charting.
Anything else I post is purely opinion
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