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Re: zamochit post# 4757

Saturday, 04/06/2013 3:36:12 PM

Saturday, April 06, 2013 3:36:12 PM

Post# of 57556
Zamo, glad the breakdown helped you get a better understanding of what's coming! You're not ignorant at all, ignorance comes from not asking. A fat-finger trade is typically a trade where someone accidentally purchases way above the Asking price...i.e. Say I'm buying 10k shares @ .01 but I accidentally hit .10 instead of .01 That would be considered an honest fat-finger trade..

Now on a low floater like EDXC I believe someone intentionally hit .20 for a small block to throw the chart off, which in turn threw off our PSAR indicator which signals Buying/Selling opportunities...The one trade at .20 has prevented the PSAR from flipping to a buy, even as we've uptrended since that trade. A lot of traders/investors will wait until the PSAR flips to a buy.

Either way, the charts are saying we are going higher..