Phoenix Associates Land Syndicate (fka PBLSQ)

[grizzy]

that's my opinion, of course...looking at the chart data we had white candles all the way down until .045 or so, or around -15%....the long black candles didn't show up until .042....so it looks like (to me, anyway) that there was alot of buying on the ask on the way down, and when we hit -20% there was a panic sell.

Since we first hit .038 there has been only one black candle and that was at .04...otherwise we've had a few small black candles and a *ton* of white candles.

someone please pipe in on this perspective