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Re: day_trader42 post# 1765

Friday, 06/29/2012 1:10:57 PM

Friday, June 29, 2012 1:10:57 PM

Post# of 18784
I was thinking the same thing. We have some good consolidation going on. If you look at the history, not a lot of shares were to be had in the 40's. A lot of the volume came from folks averaging down. The run on news was fueled by newbies and most of the volume was in the mid 50's. The sell off yesterday was low volume. Basically what I am trying to get at is that we will see higher highs and lower lows. A good solid climb is better than a straight up run.
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