AI
Tuesday, August 31, 2010 7:34:39 PM
that is why I showed a fibon seq retrace on last chart...
today, near end of day, IT WAS obvious those with big money are taking over... I saw for the first time, two big orders flash on the screen,
one for 500,000 shares bid .177 and another for 2,000,000 shares...
so, many other MM are following their lead, that is why we saw the slow drop in price from highs to .167 with little volume ...they need to test these to see how many retail shares they can get for themselves...
.18 is actually an old R level...I believe I had posted it once...
.20 is another one...
you are right in that we will see higher fib numbers...I have posted them
we see the 20's tommorrow.
today, near end of day, IT WAS obvious those with big money are taking over... I saw for the first time, two big orders flash on the screen,
one for 500,000 shares bid .177 and another for 2,000,000 shares...
so, many other MM are following their lead, that is why we saw the slow drop in price from highs to .167 with little volume ...they need to test these to see how many retail shares they can get for themselves...
.18 is actually an old R level...I believe I had posted it once...
.20 is another one...
you are right in that we will see higher fib numbers...I have posted them
we see the 20's tommorrow.
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