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Imperial Whazoo

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Imperial Whazoo

Re: steadykickin post# 4695

Tuesday, 02/05/2013 3:54:55 PM

Tuesday, February 05, 2013 3:54:55 PM

Post# of 47873
I'm watching that support line I told you to draw, and I'm watching the 50% Fib retrace, which I have at 1.09.

Basically, I think that volume has dried up and if it does a tri-star (three doji's in a cluster) it will be a rare formation. I'll have to go get Nisson's book tand look it up. seldom if ever see it.

Anyway, volume is the tell. If volume dries up, there is no more selling pressure. And it has dried up.

Of course, if there is also no buying pressure, we could just drift.

We'll see.

Imperial Whazoo

"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."

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