Hi Funkymonk,
You say that "Smart money won't take this up until the selling has dried up otherwise they have to absorb too much stock at higher prices."
You have also said that you have a buy order at 6.4c. If it looks like there will be more selling into the 6.4c bid would this mean you will pull your order? Or would you keep it knowing that the gap is being filled?
I'd appreciate your thoughts.
tu for funkymonk, page-19
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