Replies to post #120545 on ERHC Energy Inc (ERHE)

[vip1999]

I do agree with you on the PPS and technical indicator is just that, technical. That is why I never really rely of just 1 indicator. We also know for every trade there is a buyer and a seller, If there is more sells at the bid does not necessary mean a distribution but could simply mean the buyer lowered his buying price. It fit very well into our situation where a buyer feels at times that not much buying going on, why chase the ASK? more later...