Eyecity.com Inc (ICTY)

[mjc1]

That's the dilemma I face, trader...

I use the charts to make my buy and sell decisions on the pennies. Period. I see news and other fundamental events as icing on the cake.

This low volume consolidation is fine for now, but it is also sucking all the momemtum out of the stock in the short term (yes, I know you've stated you're looking at the long term).

Although the charts are still holding up and at this point IMO point towards a breakOUT, I do NOT think that is a forgone conclusion. I may be in the minority, but I absolutely still see the chance of a breakDOWN as well.

While I see it as a positive that there are currently hardly any sellers here, I do what the charts signal that I should. For now, it's good, I'm in at .0009. But one big downday on big volume if the stock finishes near its day lows may change my outlook.

Until their hand is forced, the MM's still wield the ultimate power. Hoping that hand is forced soon.

I too spoke to Brad. I understand the situation now as well. But I will never again post any information regarding our conversations - there are too many weasels out there.