InvestorsHub Logo

slob

02/08/11 10:41 AM

#47041 RE: CancunCharlie #47036

i don't disagree in theory to what you say..and if that works for , well than ok...i'm just venting a little with my own take on things..i guess we can agree to disagree...best to you...hope we all do well!!

properlynumb

02/08/11 10:49 AM

#47045 RE: CancunCharlie #47036

I realy hate squiggly lines and complex charts but have a look at this overlay of Accumulation/Distribution (black line) on the daily price of SGCP.
Since late December that black line shows a strong rise.
......Price moves though the day in a range.
If the end of day price is higher than the mid-range then the Acc/Dist line moves up.
Just my opinion---there's stong support from the long holders.
There was a shake-out on Feb 2 or 3 with 35 Million shares traded and a .0015 bottem.
I got a 'Good 'til Cancelled' order @ .0015.

phreshmeat

02/08/11 11:00 AM

#47051 RE: CancunCharlie #47036

thats a good point you make charlie