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

Re: S3lfMade post# 1637

Wednesday, 09/01/2010 9:35:18 PM

Wednesday, September 01, 2010 9:35:18 PM

Post# of 20669
This hasn't topped out yet. Volume was very good, but not likely enough for anyone to be able to call it as a top. It hovered near HOD for a couple hours going into the close. There was a sell-off @ EOD, but then pps popped right back up indicating there is still buying interest as well as some with dry powder.

Volume will determine where this goes tomorrow. IMO, the EOD selling got rid of some of the profit-takers which will detract from the selling tomorrow. If volume is weak and /or there's selling at the open, you'll see the shorts come in and this will go down. Ironically enough, that EOD selling and the buying that occurred into the close should help nicely tomorrow.