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Treaty Energy Corporation TECO
Posted On: 11/13/2012 2:02:01 PM
Post# of 39368
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Posted By: coolnapz
Re: allbetson #2706

It's important to spot the difference between a bluff and a real threat. If you see that 100,000 stacked at .0295 by atdf, that is most likely a bluff. If someone starts hitting ask I bet that 50,000 would take them out. Same goes for 3.1 cent. It's just there as a bluff. If someone hits the 3.1's they will move up higher to block 3.2 cents which is what they are really looking to stuff because that is the 20 day moving average.


This is all about using deception to discourage momentum buying in hopes that financials disappoint.














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