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Re: wolfrun post# 2957

Thursday, 06/09/2005 3:23:51 PM

Thursday, June 09, 2005 3:23:51 PM

Post# of 44374
wolfrun & grapes

wolf
Check my posts FRI as the continuing OTC:BB/American chart I used called for a up run due to a double bottom. I tryed to use combo charting that did not work! mide called our attention to the possible entry of hedge fund traders and the chart fell apart and the hedge fund guys came in to take PPs down.

Grapes
If you look at Fri double bottom point and saw the Monday start of the take down, you would have seen the breakout at about $3.53. That's where the hedge fund guys started buying and why I don't expect PPs to go above that, until a good positive PR. No, it is not support,IMO support is $2.80 with resistance @ $3.35 (+ or -). These are where I saw trading interest changes occur, not price level turns. I'm calling these because of how I'm interpeting trading patterns, not actual PPs levels or TA charting!!



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