dear black

Look how non sense the market at the close (and all during the day)(the close prove they have zero power to really break and zero power or desire to drop. If I need to bet I believe they are buyers not sellers.

Did you follow the trades ? First no one single "200 or 300,000".
But when the day begin was a blue sky to go all way to 6.00 in seconds(that really scares me yesterday). But slowly this guys(do you remember I alerted all posters here to be carefull with that withdraw of 100,000 and 3.64 - 3.65 ?
I told .. be carefull could be a trap ... It was !

Here they are,they never "withdraw"(they just hide the bids) they did that just to push the prices up(they notice that was intimidating teh shares goes up)and later they bought back.

That movement yesterday certainly was a profitable manouvre of the shorters or that "buyers". But the second aspect surprises me much more.

They try to broke again the 5.50 level and they could not.
And they really try!

Exist a clear indication of automatic purchases order between 5.45 and 5.49..that means.. the share can go down but also can go up.

What will change will be the determination of buyers to accept the price is a "bargain price".(if the market feel is a fair price,that we can stay at that level until the announcement comes.)

Dificult to bet in any way.Up or down.

I sincerelly prefer hold and observe like yesterday all day and see where we are going. (but one thing I can say.. the last thing that I would be is a shorter in such market... that guys probably can't sleep 2 hours per night..

In days like today with spy 30 points up, automatic up's comes on board and they know that...All events works against them... (lucky for us)

well well.. lets seat and ask a skiny late !