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Thursday, 06/09/2005 2:52:09 PM

Thursday, June 09, 2005 2:52:09 PM

Post# of 44374
Ok so far today we are at a very good % gain level, now we need about 200 - 250k more volume, to hit my 2nd leg swing target.

Your are watching the little guys walk the PPs up! With NO OTC:BB MMs holding it back. All have to learn the new trading pattern found here on the American.

IMO after 3 days of this, we will have reached the down day 2.3 mill volume bought by hedge fund managers. With 700k EOD 3 times and the hedge fund guys will have sold us all they bought on the way down, for their profit. Hopefully we will see a 20 to 25% swing. That's why I'd like to see 7% today on top of 5% yesterday.

Remember the fall started below $3.50 and that point should be the very highest top we can expect as this new swing trading channel starts to play out. Also remember this chit is all IMO and what I call experienced GUESSES!


ADD on - Grapes. IMO you have to watch the new trading patterns forming on the American. The mind set here is completely different than the OTC:BB and there has not been enought time to form a accurate TA pattern yet. my opinion only!

Last night I posted the daily stats since we went to the American, take a look at the numbers and try to see a pattern forming in them. IMO The charts are not established yet!

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