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Waverider110

03/09/07 1:13 PM

#575 RE: 1stepahead1 #565

1step, that is true, in part, because

there is an "air share" short squeeze just before and as the honest demand for shares hit the market: hence the double bottom phenomenons.

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lowman

03/09/07 2:57 PM

#580 RE: 1stepahead1 #565

Yes, often a double bottom occurs and even goes on to trade sideways at that point. However that is usually because there is no Long & strong investor base established as quickly as is establishing here.

A whole different set of dynamics at play here.