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TheNoviceChicago

10/06/09 9:07 AM

#1151 RE: biofuel911 #1150

It seems that every time we hit a lull, it gets worked all day long, which is why we were trading in a channel for so long. It's only when we get some decent volume that normal trading seems to take over. Being aware of this, I haven't been concerned whenever I see it drift down a bit. I believe we'll be seeing the same thing each time, before jumping up to a new level. It's pretty much been a repeat pattern, since the middle of May. We trade a channel, get a pop, drift down, and then pop a little higher. It's almost as if the pops are attempts to shake the little guys out. What I see more and more is how that breaks down the walls to move higher. The resistance gets weaker each time.