big buying stated , page-79

"There were 13mill shares traded on Monday, 10mill on Tues and down to 7mill today and therein is a basis of momentum weakening. If it continues to weaken then sp may weaken or move sideways before deciding whether the uptrend continues or not."

Darn, it looks like the slow down in momentum continues today and what I posted earlier this morning is becoming a reality for today at least. Only a big surge in buying in the next two hours can alter this weakness.

Still, its likely only a temporary lull that could be exacerbated by TA followers who religiously follow their signals such as Vendor. I certainly dont want to see an MACD crossover to the downside any time soon as the TA adherents would follow that lead. Most filtered longer term indicators are still in uptrend and that is(from a TA perspective) a good thing. Tomorrow is another day LO! What will it bring??