snookems this post from another bd over a week ago told what was going to happen. It happened today. This guy is one of the best TA guys around. He understands how the mm's work as well.
By: tradingspaz 29 Oct 2009, 01:41 PM EDT Rating: Rate this post: Msg. 963906 of 963906 (Reply to 963734 by rivet)
Jump to msg. # right on the money By: rivet --------------- 21 Oct 2009, 09:59 AM EDT Rating: post rating 0 Rate this post: Msg. 963734 of 963905 Jump to msg. # HSCC mm got a delima HSCC stuck in the middle of road at .011x.012. The 50ma is at approx .0075. Charts says it needs to test the 50ma. mm can try to keep it above a penny and wait for the 50ma to come up. That's a boring choice. Or keep shaking and knock it down to the 50ma then come back up and close above .015. I like the second choice the best the smart buyers are waiting for that to happen. Without the test of the 50ma the RVPM is going to sit at idle. So mm take a crap and get on with it.