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TakeChances

05/04/11 10:13 AM

#9882 RE: Fatsix #9880

They are for sure...capitulation and getting out the weak hands then the next run up imho.

swing_trader

05/04/11 10:13 AM

#9883 RE: Fatsix #9880

Yep. Couldnt agree with you more. I call that a swing trap. They take out the stops and then the price starts going up. Usually on a day like this you will see a big red hammer candle