Replies to post #81 on World Surveillance Group Inc (fka WSGI)

[william2112]

boomtime,

if you pull up a line chart with volume as an in indicator you will see why low volume is encouraging---about a week ago our share price tested around .20...huge volume pushed the close above the open---what originally seemed bad turned into a wonderful opportunity for many---since then...we have been testing this previous low with extremely low volume(given recent volume trends)---this tells us that there is no significant selling pressure to drive the share price downward---another similar "good news" volume trend is that on gtel's share price declines...volume went the same direction....selling pressure was very slight---all my interpretation of course based on given chart..others may differ...hope it makes sense to you
reference:
use 6 months as a time frame
http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=gtel&time=&freq=

best of luck...sinc,

bill

[techBear]

BoomTime, at this point in time with the major indicators that are setting up (http://www.investorshub.com/boards/read_msg.asp?message_id=5848066 ), volume comes in perfectly to confirm the next move and immediate breakout. With the volume being as low and with trading being slightly tighter, it tells us there is a lot of indecision in the market and it's basically in a general waiting period (most likely pending immediate news).

With all these MMs and interest we have to this stock currently (http://www.otcbb.com/asp/tradeact_mml.asp?searchfor=gtel&searchby=i&x=12&y=11 ) .. the most I've ever seen in the last year and a half while monitoring GTEL, seeing such a stall and low volume trading period in the last 2 days makes this signal of a breakout even more profound.