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Re: Donald Duck post# 197956

Sunday, 08/22/2010 6:09:11 PM

Sunday, August 22, 2010 6:09:11 PM

Post# of 249173
DD....Well of course something abnormal happened from the Longs perspective.....but NOT if one understood the basic concept that the MMs had to go short big time to provide the shares for the Russell rebalancing. They had to cover those shares and they were not getting them through the normal trading activity. A bear raid was performed which created a snowball effect with Margin selling as well as additional shorts creating a stampede for the exits......well guess what...the fuel for that stampede has been exhausted.....therefore we saw the runup on friday. Now...does this mean that we will go straight up to whee we were a few weeks ago WITHOUT news...NO!......there will be days when we will be up and those when we will be down...all in a attempt to reach a steady state. However...the general direction will be UPWARDS......because they still have shares they will need to cover. Why do they need to cover...easy....because with the passing of every quarter...Wave's position within the Trusted Computing Revolution is getting stronger and stronger.

For you or any other LONG to suggest that maybe the boogyman know something that we don't is the height of hysteria.....which of course is your right.

Sincerely,

Jas

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