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Re: lowtrade post# 1081

Friday, 07/01/2005 3:45:55 PM

Friday, July 01, 2005 3:45:55 PM

Post# of 23619
With today's continued accumulation a little bit higher, I feel we will see the MMs play this run for profits and it will break 1st resistance at .0178. Should see my top target of .022 and more if timed with 50MA cross of 200MA.

I'm surprised the guys that took profits yesterday, didn't re-enter today with the continued MM accumulation. (volume low today, just MMs loading up IMO) This play could work out very strong with the MA factor! IMO

Watch for 2 more days like this. Small rise each day, to walk 50MA up to 200MA, when the MMs have enough shares. Then bang, they go to work for profits. IMO

IMO the company could take a long vacation and this will still play out. It's the spec traders and MMs that are setting this up. Strictly a TA play.