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sdy

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Alias Born 03/26/2009

sdy

Re: Ranb2khz post# 50

Monday, 08/08/2011 12:21:35 AM

Monday, August 08, 2011 12:21:35 AM

Post# of 55
At this point it seems that Imp Whaz has the better handle on JBII TA. From my perspective there is no longer the "early" entry in a reversal trend that I look for in the positive divergence of the Accum/Dist to PPS. Below I've put up a 1yr9month chart to look at Accum/Dist in regards to PPS RSI and MACD. It appears that since mid Jan accumulation has taken place regardless of the PPS. Thats just before the time that 4k9p began to recognize someone consistently outflanking the MMs in accumulating shares at a price near the cellar at every level. Imp Whaz sees 'pro' trading and that is likely from his algorithmic analysis perspective. Could be one in the same accumulator/trader. If I had the skills, I'd have played the run up to $2.93 and then sold off some to buy in later in the day at $2.13. It's difficult for me to let those shares go and on that day the time wasn't available to keep a handle on the fury of activity.

Blah blah blah.

PPS is now trending upwards towards Accum/Dist. What I want to see is Accum/Dist. continue to move upwards; now speculating $9 for Accum/Dist by the time that MACD gets to '+' territory and the RSI reaches 70. Given that, I'm speculating $8 PPS before we see a consolidation as we did last month, but not as severe. I have not correlated this to Imp Whaz's Fib angles and would feel more comfortable if I had the time to do that.


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