karlos week in review, page-6

Pewal....Thought I might just mention in case you feel Im trying to discredit your views on Richard Wyckoff.....I read your contribution on Robert on the accumulation section....Very interesting...I have saved for future reference.......he says (as you have too) needs confirmation....
Now are we running out of sellers?
A good reason I feel we are not is.....take a look at the 5yr VIX Index chart.....look roughly at where lows for PEN were on chart, VIX had shot up......look at current status of VIX..pretty complacent....due for a scare I reckon....plenty more holders do not realise they will soon be sellers

Ceb....(Just in case)....I wasnt trying to be smart regarding comments on 5 million seller....PEN tends to run with general market sentiment.....Maybe some wealthy folk have had word some bad news is heading for stocks and the recent large sales in the last few weeks have nothing fundamentally to do with PEN. Its just high risk spec stocks are about to get a solid crunching.