No shakeout buddy, this looks serious, there was absolutely no volume at 61/62.
In any case I see a huge correction happen sometime soon, we've reached insane levels all accross the board. Look at how much we've moved from Oct 2nd week,
YHOO = 105 -> 275, AMZN = 85 -> 350
AOL = 85 -> 315, EBAY = 30 -> 300
not to mention a ton of crappy stocks that have gone from 1-2 bucks to anywhere from 10-40 bucks!!!! ( MZON, GMAI, PCCC, BAMM, etc etc) Just too much speculation.
I believe many investors held on just for the sake of not paying taxes this year on those huge gains, have helped maintain the rally to this point, I bet they will start selling beginning of next year, thats next Monday,
which means traders will take them down in anticipation,,,
that's next 2/3 days
the hype of the great Xmas sale is completely built in
now, its now time to 'Show us the numbers'
I'm sure most will disappoint (relative to the hype)
I know I'm out of ONSL tomorrow. |
