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premier1one

07/01/11 1:15 PM

#285 RE: bobbydigital #283

Nice chart BD...still have to weed out people who are unsure and may have doubt.....what a sweet pick-up here. Seems to flirt with oversold daily. Buys are in the "sweet spot" here IMO.
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The Godfather

07/01/11 1:15 PM

#286 RE: bobbydigital #283

Right.. we didn't really lose support. Intra-day analysis can be a lot different than the daily. higher highs and higher lows, that is all that matters. It looks like most of the panic selling is done and once the pps starts to move, traders will buy in for the run up and the shorts will also try to cover what they have not yet covered. But, seeing such a thin ask is a good thing, this will move more wildly than you can expect but it should be a good jump back to at least 0.25 methinks.