It gave me an opportunity to make a point I thought was being overlooked: I felt that somebody needed to point out that the 74.6 million "repudiation day" was pretty darn noteworthy. And I thought it was getting overlooked. It wasn't just a rejection of the low. It was the second highest volume day EVER, not to mention a white candle day with nearly 30 million more upside volume than the big down day that had just preceeded it. I waited a few days to be certain before I posted anything, but once price held in a range and volume declined, I felt somebody needed to point out that the 74.6 million upside move at this bottom wasn't just chopped liver to be ignored as though it hadn't happened.
And another thing. It just fascinates me that there are these repeat volume patterns. If you want to know where I got these ideas, listen to Tommy O'Brien at http://www.tfnn.com. And read his book. I'm doing you a favor by even telling you about it, friend.
Now, what harm is done by taking the time explain why the 74.6 million volume "repudiation day" is noteworthy? IMHO, if I sit idly by and watch without pointing something like the 74.6 million "repudiation day" out, I'm no better than the guy who would rather curse the darkness than light a candle. And look, I'm sitting over here chilling with the best of them until you sail any icy snowball into my ear. If you don't want me seizing the opportunity to use your post as my soapbox, maybe you shouldn't direct a challenge at me.
And anyway, the recent chart action was pretty noticable and it was just begging to be discussed. Sorry if you got your feelings hurt in the process.
Peace and remember to chill. Somebody calling themselves GekkoTheGreat told me that once upon a time LOL.
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