i believe he is referring to the amount of buys vs sells..it was quite amazing how many buys there were friday..remember folks volume precedes price and IMO with the amount of buying on the ask..those people will be holding for at least 50-100% which it .0006.0008 range...and more like myself that have held from .0002 and looking for .002+..if we dont see .006 monday we will see it tuesday i believe
Yes. Considering how much volume there was Friday, 92% of the action was slapping at the ask. It was amazing how people held together and didn't cash in at the bid.
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