To be completely honest I'm not shore this will become the run we've been waiting for. I expected the run to go to .025 plus and it still may get there over a normal 3 day run.
But these MMs aren't playing like they should, today. They continue to hold, and hold. They tricked the spec players a week or so ago, taking 10 million shares at a loss from them. This afternoon it seems they are not selling into a run continuation and may trick them again.
Make no mistake, MMs have complete control now and are not alowing buying pressure to be closed. This tells me they are still not in a comfortable position with their inventory and don't want profits, as much as regulated volume and control.
To continue this run tommorrow the MMs have to let it run above this mornings top and increase volume to reach 50 mill. Then I think we could reach my .025 target plus. The retrace history is about half the run 1st day, with walk down the next 3 to 7 days.
Add on -- While typing this the 2nd leg above .021 has occured, now lets see the volume come back!!
Success !!! http://www.investorshub.com/boards/board.asp?board_id=3972 Welcome to my mind!
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