News Focus
News Focus
Followers 117
Posts 3010
Boards Moderated 0
Alias Born 01/25/2010

Re: wvpenny10 post# 122554

Thursday, 01/27/2011 10:37:50 AM

Thursday, January 27, 2011 10:37:50 AM

Post# of 157004
MMs have much more shares to cover right now. so far today's volume is 8M! very little comparing to what they need to cover.
I would expect some heavier volume and some panic selling happening.. then you know MMs covered. looking at the chart this seem to go heading down to .03-.04. and the MA50 might be the bounce play... but u never know. anything could happen. that's why you don't buy the whole thing at once. buy 1/4 or 1/5 and wait to see if your prediction will come true..

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now