Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna Message Board

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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna

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To: SteveF who wrote (3937)	12/16/2010 7:38:30 PM
From: jimmenknee	Read Replies (1) of 53574

This is a typical sell news pattern Steve-- (raw) Money Flow Intraday chart says it all. The "run" was only ~25 minutes before the crack/break. (FWIW an average run can last 45-90 minutes before the breakdown.) Spot on with the lunchtime cut. That set the recovery pattern that made flippers more skittish to try to trade the downward "spiral." .86 open + > 1.5million shares traded = net move of .06 pennies. Gives you an idea how much volume is required to overcome the sellers (although I am sure some today were more "pent up"). Good news is the absorption rate increases. Sets a leveling goal of 1 mill shares average to turn the Float over in ~ 33 calendar days (early Feb). Other good news is the tradability-- still moves quickly in spite of the increased Float size. A flipper shotgun (buy open & move with run and speckle the down spiral to capture upside by EoD) would work IMHO. siliconinvestor.com

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