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Mr.Analogy

11/03/09 12:11 AM

#10392 RE: Hooka #10391

Its about that time
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m_stone_14

11/03/09 12:25 AM

#10393 RE: Hooka #10391

If you look at this chart, we are in a pullback. However, look at the volume on an off day. See how the volume (red candles) are shorter than the dark candles? This is RETAIL trading. There is no dilution, sometimes I saw the L2 drop on nothing, orders went unfilled because of the speed of the bid to ask drops. This is just some henny penny's bailing on a crappy day and some profit takers doin' what we do. There's no sense here of urgency to me, & I suffered through the posts today as fingernails were chewed and reputations and motives were questioned. I'm satisfied that accumulation and turn over like this is a good thing..not today, but going forward I'm fairly confident of another stair stepper here, since that's what I like to see in upward movement my self. http://stockcharts.com/h-sc/ui?s=IOVE&p=D&b=5&g=0&id=p48473140699