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Re: CancunCharlie post# 47036

Tuesday, 02/08/2011 10:49:08 AM

Tuesday, February 08, 2011 10:49:08 AM

Post# of 83074
I realy hate squiggly lines and complex charts but have a look at this overlay of Accumulation/Distribution (black line) on the daily price of SGCP.
Since late December that black line shows a strong rise.
......Price moves though the day in a range.
If the end of day price is higher than the mid-range then the Acc/Dist line moves up.
Just my opinion---there's stong support from the long holders.
There was a shake-out on Feb 2 or 3 with 35 Million shares traded and a .0015 bottem.
I got a 'Good 'til Cancelled' order @ .0015.