Positive Divergence Charts

[sdy]

There was some covering on the 4th from the looks of the action IMO, but then on the 5th when it gapped but then it was seen that the 50SMA wasn't going to be broken, new shorting would have been a floodgate of orders. Those are the sharks and they are in schools. We were going against the bigger market's plunge that day.

The whales, were I one, would continue to pick up shares on a nearly daily basis knowing that the PPS would be walked down and perhaps even due in part by their skills; 4k9p seems to be very impressed with what he has determined to be their skill-set.

Likely too, hundreds of us are picking up a block here and there as we can afford. Some buy gold, we buy JBII.

There's a bit of a downturn in the Accum/Dist the last three days. That's likely the overall market's fear.