I put this together because of a comment someone on the board made and it was very rational. The comment was expect a move up because GS can not have their positions underwater.I thought about it and worked some things out last night and this is the result.Lots of money to hump it and go nowhere. But have to have that July position in the green. Has to look good. Lots of cars to sell. Want some, they look like they are losing their luster sitting on the dealers lot. http://4.bp.blogspot.com/_gW-Is11rUVw/TGvVPgP0gfI/AAAAAAAAADE/dMNoSLMeLrQ/s1600/bullhump.jpg
What did I say in out private chat?????? 98's?that's why I left so soon......had to sell it......sorry for being so rude........but hard to trade and chat.
Thanks for great chart,they were the ax yesterday pumping them and also backed away once they got them up and even were selling at this level yesterday into close .The July VWAP must be held to unload .
That's how I see it as well. They pushed so hard to get prices up and then dumped a pile of the push. Rules area rules. Get account green or deposit more money into it to cover the red.