InvestorsHub Logo
Followers 928
Posts 30344
Boards Moderated 4
Alias Born 07/13/2010

Re: None

Friday, 08/13/2010 12:27:55 PM

Friday, August 13, 2010 12:27:55 PM

Post# of 26968
Psychology changing. 8's Up. Now, volume and price will follow. Typically, we don't get that intra-day bounce of the kind of retracement we saw in the AM. Selling would typically continue into the day (sign it may be ongoing). If the buying was to occur, we haven't seen a move back to 'unchanged' until toward end of day. It's so sad to see people unable to hold on for another couple days. In another week or so, some of those same people will end up chasing this and the cycle will start all over again. Hard lessons to learn. Trust me, I speak from experience.