NYSE:IVAN.WS - Post by User
Comment by
greenpastureon Dec 23, 2003 2:24pm
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Post# 6815354
RE: TC TC TC
RE: TC TC TCHoundtrader... couldn't agree more. If some cannot see the low volume on a slow pullback to the previous support.. I give up..
On a nice up channal and it will run back and forth until we get a solid close above 6.07 area. Selling into high volume days and buying on pullbacks has been this stocks history. Don't expect that to change anytime soon .
Lower high and lower low on lower volume with Dec 19 gap support = sideways again .. IMO
They are getting wise to day traders and doing quick 1 day ups with slow pullbacks forcing those that short to cover before the next 1 day up thus keeping the daytrader profit to a minimum.(tight sideway channals)
You see.. the big boys are the only ones that think they should have profit. All kinds of tricks played and IE is no exception.
3.50 to 10.00 and back to 3.50 tnen a gradual run up to support the Sept /Oct uptrend(presently just under it) BTW a very nice gradual % up angle
Have fun and best of holidays to all..(even daytraders
)
GP