As I said NO pattern, but I read this as the hedge fund guy channel, we were talking about, may not form at all. It may become an in & out play because they see the timing wrong to set up a channel. The small guys continue moving in and big guys continue moving out!
Very BIG guess, but I'm guessing big guys expected several weeks before new business execution announcements and felt it was a good time to set up a profit channel.
Here I go off topic for the TA board!
GTE has become market savvy, with a clear marketing effort the last several months. Haven't seen it for a year and a half, but IMO GTE management has become proactive to support PPs finally.
The built the business, the hell with the PPs attitude in the past, has reached the point in MR Huff business plan, that now calls for stock market growth to continue business growth.
I expect to see more support for the stock now! It's the time in the business plan! IMO MR Huff has many more swords on his desk, ready to be wielded as needed. Anyone remember the swords ? LOL
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