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ChampagneBob

11/03/11 4:05 AM

#5257 RE: Ecomike #5256

Good to see todays rally on much lower volume (very good sign of new buyers coming in).... the volume spikes will be sellers taking profits (looking for the end of A/B/C up wave).

A move above .37 would be an important brake out and signal a move to .44 or maybe .48, and as was demonstrated last Tuesday, hard news will be needed to get to even higher ground, otherwise you will see profit taking by the chart/trend watchers......

Don't expect any hard news now till Tuesday... slow and steady on low/moderate volume the best for now....