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Re: CricketPie09 post# 119348

Thursday, 07/26/2012 1:56:22 PM

Thursday, July 26, 2012 1:56:22 PM

Post# of 165858
Not sure to be honest with you. Could be a news leak, could be seasonal momentum, could be a technical indicator went off, could be a couple investors looking to take a sizable position.

But yes, somebody is anticipating something good happening here. Follow through buying is always the key indicator. We've seen these "pops" before and they are rarely sustained. No reason (yet) to think this move should be any different, but the optimist in me says that we are long overdue to return to a more reasonable valuation...which would mean this run is sustained.

~KS~