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Re: clandy0805 post# 16350

Friday, 11/19/2010 2:54:35 PM

Friday, November 19, 2010 2:54:35 PM

Post# of 66758
Not so sure it is 'shorting'! If it is true the SS / float remain the same, then I think some one has a Big bag of shares to unload yet from further down, on the premise that profit is profit @ any level!!

Also the "confessions of a 5 to 10% flipper" has been seen here, which adds to the churning!!

I'm extending the "BB wrap around" to the Dec 10 to 14 area now, again unless news comes in prior to trump that! But even with news, there could be a false break out , if news is not strong enough, and in that case, the chart with fall back to continue the consolidation pattern, to the point where the shares end up in hands that will be looking for much higher ground! The "Saturation & Precipitation" points!! Then it goes North!!

Jmho

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