GREY:CLLZF - Post by User
Post by
Falcon44on Jan 10, 2013 10:20pm
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Post# 20823751
Fake Out
Fake Out I think anyone who has been following CLL's price action the last week will have noticed how similar the trend looked like it did in Sept when it broke out to the upside. These are ways to pull in new money showing a possible breakout is in the works, then hit it hard to the down side which is what has happened. I almost got caught myself but sold at yesterdays open and broke even, Look for more down side to come now that the Fake Out worked and the trap has taken hold. This is a manipulated market were in now and any way to suck buyers in to their naked short selling will line the brokers pockets with much needed cash. Watch and learn.