World Surveillance Group Inc (fka WSGI)

[grapes]

Lowtrade,

thanks for the reply. As I posted earlier I was out of town and did not see the trading. I know a new trading pattern should come but I did not expect the "market" to determine the value of the company at .20 and less! Just makes me want to accumulate more for long term but am hesitant even to try swing trade after the breakdown. I understand how you are trying to interpret trading patterns rather than or in addition to price movement though.

Another question: If the hedge funds began accumulating at 3.50 then wouldn't they want the price to go higher than that? I suppose if you looked at the volume from Mon you could determine at what price level they did MOST of the accumulating at and figure that is a good support level. That where you getting 2.80?