GREY:PTQMF - Post by User
Post by
Libertygon Nov 23, 2010 2:51pm
269 Views
Post# 17746253
Buying pressure
Buying pressureStrong buying pressure on very good volume. We've endured drops on volume until today. This is a good sign, but need to close strong and see some follow through tomorrow. May be our first sign the bulk of the big block warrants have been absorbed. TA is a tool but not an end all be all. I use it but the fundamental picture is the bigger picture view and most important. This is a very good sign today if we can maintain this through tomorrow, also Gold holding it's gains today and silver breaking through and holding the 27.75 range would be most helpful in signaling the next up leg. PTQ, Gold and Silver all reacting the same is promising if sustained the rest of the week. Regardless of the short term the long term view for all is up, up, up.