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makesumgravy

02/21/08 11:26 PM

#833 RE: grajee #829

I got by e-mail 2 days ago from the TA.
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makesumgravy

02/21/08 11:28 PM

#834 RE: grajee #829

They have been selling from the top when it was $3.50. Take a look at the chart. They did not just start selling at .03
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makesumgravy

02/21/08 11:30 PM

#835 RE: grajee #829

The chart pretty much tells the story. This has been a continuation of selling, and the o/s count backs this up.


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makesumgravy

02/21/08 11:34 PM

#836 RE: grajee #829

Here is a better chart and this pretty much illustrates what was occurring.........Mind you retailers had very few shares to sell proceeding the r/s of 20/1.

The Rsi needs to be trending above 50 for this to reverse itself.


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Hwy61

02/22/08 8:15 AM

#859 RE: grajee #829

YOu make it sound like...oh they had to have a little get together on the weekend!
Lets liquidate the shares and pay for dinner!

Pffft