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kuwlness

03/23/10 4:45 PM

#83486 RE: Skunkdoc #83478

Well said Skunkman ... that is the point i think we are trying to make.

The longs here can sit on their ass with their 45000% gains, but it does nothing but deter new buyers if they continue to ignore an important part of their team, and that is the new buyers.

Clearly, the team is running low on funds (no bid support, small ask slaps of 100-500 shares to paint, etc) ... so I would think the longs would be more catering to the new investors.

They shouldnt be out celebrating in Mexico if they want new investors. I dont mind supporting the cause, but i want to know longs arent sitting there cashing in on my ask-slaps.


I get tired of hearing about the Accum/Dist because if we're all retail and we're selling to each other, this line will stay the same. Monk and his team are retail as well, so if they're selling and retail is buying, the Accum/Dist will not change even though the big holders are selling.
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Andrew26

03/23/10 4:52 PM

#83495 RE: Skunkdoc #83478

Thanks for getting it to the point, sir. Yes, I wonder why we try one day asking everyone to hit the ask while the next days we dont care at all if they bidwhack us on low volume down by 10-20 %.
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darbyflier

03/23/10 4:53 PM

#83497 RE: Skunkdoc #83478

This is what confirms the strength and validity of the strong triangle continuation pattern I posted - declining volume. It is a telltale sign that continuation is coming. Watch for strong volume expansion and crossing .42 on it. I, personally, don't wait for breakouts - they are not necessary to confirm premises when the footprints are so clear early on.
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JGP83

03/23/10 4:53 PM

#83498 RE: Skunkdoc #83478

I agree, but people are buying when they can. How can we force people to shell out money that that they don't have?..everyone's accumulating when they can..as am i! We can't rely on Monk to bring in the volume, everyone chips in when they can!