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Re: tobinator00 post# 39054

Tuesday, 07/30/2013 8:41:18 PM

Tuesday, July 30, 2013 8:41:18 PM

Post# of 68424
Definitely agree Tobinator. My ears perked up when the volume and price spiked last week. AS I pointed out yesterday there was no follow through so the whack a mole game gets replayed. I would love to trade this but the pattern is back to bearish again, so I will hold my core position but not add. I agree with you that each movement takes out stale longs and inserts institutional buying. No one would buy this for a trade for the long side, there are far better vehicles. One of these days I expect a run, a halt and a big gap after. Having not followed it day to day, is there any reason left that keeps the judge from ruling?

Thanks