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trader34

05/05/12 8:46 PM

#10071 RE: tmcfo #10069

well simple:
see RSI, anything above 50 means money getting in vs out
same with MACD well above zero too
but there was a consolition for sure
and perfect bull flag on low volume.
MMs couldn't crash it
they "know" of the imminent move and that much money can be made again long vs short.
market is only $40M+ at 20cents so not big deal
$1 is a whole other ballgame for later this year
it will be in stages.