Posted On: 11/24/2013 8:49:13 PM
Post# of 5570
Yes, very good Simon. Add to that a slower and more steady move. Four green weeks in a row. Previously, we made the sharp move up in the first week on large volume. Then the momentum slowed, very little forward movement, and the declines took place when the flippers and shorts took over. The selling pressure has slowed dramatically. Only thing left now are the flippers who really haven't been able to accumulate too much. This next move will take us over the .02 for good as long as it's slow and steady allowing longs to absorb the few sellers along the way.
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