re: ewl ..chart - be very careful From considerable time wasted...

re: ewl ..chart - be very careful From considerable time wasted watching QAD's trading on Friday, I noted idiots confusing the issue by buying then immediately placing SELLs.

However there looked to be some patient and determined buyers at 8 and above. They took no notice of these distractions but kept buying for as low as they could.

Obviously when a stock moves up this decidedly then squiggle-gazing can be contorted to suggest anything.

So these alleged SELL signals should prove VERY handy for informed big buyers trying to shake out backbone-handicapped nervous holders.

While I continue to see serious buying I'll wait to see just HOW serious they really are.