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Replies to #13251 on Tasty Booshers
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Estimated_Prophet

06/14/05 11:49 AM

#13254 RE: munyon #13251

munyon~If a trader can't change his mind after seeing variables, then how will he/she ever survive? When volume drops to a trickle near major highs, it's not a good sign. The instinct comes in over the weekend when NO volume pushed it to my 2.87+ level at the close. Two straight days of anemic volume is not a good sign. The boredom ending soon comment was in relation to a trendline. It broke this morning, and we see what is happening. I had hoped it would hold. Look at all my posts yesterday, do you see me being bullish? No, it was Friday, when volume was ok, and we usually see a surge into close, and that would sent BIPH going sky high if it closed over 2.87, and I was expecting a SEC filing. So, if you don't want to take in new variables to think about, that's fine, I'll move in the moment.