Winston had our close nailed today. What I found
Winston had our close nailed today. What I found interesting was the volume action. The day started out really slow but as the day wore on volume continued to increase. It appeared to me that the buyers and sellers started out watching the other. I had thought our day would end on a higher note as it went from .0107 to .0110 around 3:00. But then I watched as it continue to drop back to .01 by 3:45 and I thought we might end up red. Good buys during last 15 minutes.
I think Winston is right about the increase we should see in the PPS, as the finance company and VNDM have used up a lot of steam for now. Between that, the oversold chart indicators and news coming, we should start seeing some really nice green days ahead.
Have a good weekend.
2
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