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lowman

10/03/10 5:39 PM

#10648 RE: MOMO #10645

Chart tells the story, regarding volume. Major volume on first week of accumulation (.0001-.0003), then major drop off in volume while accum. continued. Friday's volume cleared out 80% of early profit-takers, showing massive amount of 'buy and hold' left.

People don't hold unless they see much bigger gains. I wouldn't be surprised one bit if Monday turns out to show another disproportionate amount of buying vs selling. As long as profit-takers sell at ask, the ratios can remain high, which continues to build an impressive chart.















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Lone Wolf

10/03/10 6:05 PM

#10656 RE: MOMO #10645

I'm with ya there. The 'MOMO' is just beginning...LOL ;-)

Go EPGL! Let's loose a zero this week!

balamidas

10/04/10 1:19 AM

#10679 RE: MOMO #10645

new Big contracts are coming~