AI
Tuesday, May 28, 2013 9:55:54 PM
IFUS update:
I think people went on holiday early last week, freaked out Monday night when they saw the drop from Friday, and hit the sell at market button. NEWBIES!!!
The sell off was meet by fierce buying and the selling volume was small compared to the massive rally buying last week before the low volume Friday games started.
I have seen this low volume holiday volatility before. It will pass. The On balance volume on the chart says the rally is still solid, so I bought the dip, as did the smart the money!!!!
I think people went on holiday early last week, freaked out Monday night when they saw the drop from Friday, and hit the sell at market button. NEWBIES!!!
The sell off was meet by fierce buying and the selling volume was small compared to the massive rally buying last week before the low volume Friday games started.
I have seen this low volume holiday volatility before. It will pass. The On balance volume on the chart says the rally is still solid, so I bought the dip, as did the smart the money!!!!
Ambition with out knowledge is like ship in dry dock. Going nowhere fast!
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