GREY:ENGFF - Post by User
Post by
travelnutteron Jul 03, 2008 10:05am
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Post# 15253090
Typical start today
Typical start todaySo far following recent pattern of good gap up with low volume. Last few days we have lost steam after lunch and dropped close to 50% of morning gains so anyone out there looking to buy should wait till after lunch. Still we are approaching 2.59 range which seems to be a serious resistance point so far so if the morning buying spree solidly pushes past the 2.59 line and holds then I think there will be no afternoon sell-off and we will be off to the races with big volume buying. I don't think we will get there today since market world-wide is still down the toilet. Let's watch the action and see what happens. GLTA Longs.