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ospreyeye

03/02/10 11:36 AM

#6096 RE: shakerzzz #6087

I have to agree.....we certainly should get more than one white candle out of this move$$$......low vol. is encouraging for a so far down day.....people aren't dumping, but they aren't racing to get in either......we have a good ole fashioned standoff going on......no one wants to budge......18 resistance needs to be broken to get into the 20's.......MM's are running out of ammo......daytraders aren't getting the spread they need to flip.....seems everyone is waiting for news......hopefully it comes before MM's make a move filling volume through buy orders on the bid......looking similar to Fri., where MM's created volume through buyers on the bid and not sellers on the ask..........hope it holds.....back to 15's could get ugly.....we broke that resistance and need to stay above it IMO.....MM's tested it this am, but we found support.......let's see what high noon brings to this showdown......it'll be interesting$$$